The Al -Asmakh Real Estate Projects report confirmed that the state is continuing to work currently to complete the implementation of projects for the development of areas and the lands of citizens, and the value of cash flows allocated to it is estimated at about 35 billion riyals to serve 33.413 vouchers distributed over 32 regions. The report added that the competent authorities have taken advanced steps to accomplish thousands of residential vouchers in 12 regions in the country, where 7,833 vouchers were served, which are affiliated with projects that will serve all its stages, a total of 18,870 residential couples.
The report pointed out that the vouchers that were served in the western regions include a total of 1,015 vouchers, in the east of the meal within the symptoms and southwest of Al -Ma’athir, while a total of 1,248 vouchers were served in the southern regions of the south of Al -Mashaf, the west Al -Khor, West Smissa, West Umm Salal Ali, Umm Al -Abeer, South Umm Al -Amad, North Bou Fasila and Umm Salal Muhammad.
The report emphasized that these projects will contribute to the recovery of the real estate sector significantly, and will positively affect the increase in real estate investment and the movement of construction and construction in those areas, as these projects will contribute to increasing the demand for land in that region.
The report said: The concerned authorities in the state continue their work to end the implementation of many projects to develop roads, in addition to implementing the road development plan that includes converting circles into intersections with traffic signals.
The report indicated that these projects will contribute to supporting the real estate sector in those areas and will affect the movement of demand, and these projects will contribute to strengthening the work of contracting companies.
General, health and educational projects
The report indicated that the concerned authorities will also be completed during the current year, a number of projects between public, health and educational projects, explaining that the sectors of building materials, cement, iron and related services will benefit from the positive effects of the contracts granted to these projects. These projects will also impose a movement in construction work, which will reflect positively on real estate development companies.
The report said: This reality leading to the recovery of the building construction sector will continue in the short and medium term and coincide with the direction of developers and real estate investors to expand their real estate investments during the next few years.
The report pointed out that the volume of spending on development projects in Qatar will enhance the growth of the building construction sector, which in turn will be reflected on economic growth, whether at the sectoral or total level, and this is what the official and international local reports figures indicate that the construction and construction sector witnessed a prosperity.