New road projects improve the attractiveness of the country's investments

New road projects enhance the attractiveness of the country's investments

The Roads Program implemented by the authorities concerned represents more than 200 projects in 5 different regions.
The number of projects in the northern region is 40 projects of which 31 projects cost 1.4 billion riyals, 7 projects worth 2.9 billion rials and 2.3 billion riyals. In the south of Qatar, the number of projects is 15 projects, of which 11 projects cost 800 million riyals, 3 projects for a cost of 1.4 billion riyals and a project for a cost of 3.6 billion riyals
. Ongoing He stressed that the development of infrastructure in these areas would be an attractive factor for real estate investment, and will contribute to the increase in demand.
Recovery
The report says that current road projects, west Wakra parallel road from the city of Al Wakra, The real estate sector in these areas will increase considerably because it will be easily accessible from several neighborhoods and will be witnessed an improved infrastructure.
The real estate sector will benefit from other projects under execution, which cost 261 billion riyals, according to the report. These include projects under construction in the infrastructure sector in the amount of 54 billion Austrian schillings, 87 billion schillings in the transport sector, 24 billion schillings in the sports sector and 30 billion schillings According to official sources, electricity and water, as well as projects costing 17 billion riyals in the education sector and 7 billion riyals in the health sector, helped accelerate the growth of real estate and contract companies.
The report explains that this will lead to increased growth in Qatar's real estate companies, especially in the real estate development field, in addition to domestic contracting firms.