Under the patronage of H.E. The Prime Minister and Minister of Interior
تحت رعاية معالي رئيس مجلس الوزراء ووزير الداخلية
Under the special leadership of His Highness Sheikh Tamim bin Hamad Al-Thani, the Emir of Qatar, and to achieve prosperity for citizens and ensure their social stability, the largest budget has been allocated, for the processing of lands for Qatar Citizens worth 10 billion riyals annually. While Ashghal confirms that in 2019 the necessary infrastructure to serve 2511 housing voucher for Qataris will be completed, and in 2020 the infrastructure to serve 2487 housing voucher will be issued, and 2270 housing coupon in 2021, with a total of 10400 voucher will be distributed and ready for building projects.
The Housing Department at the Ministry of Administrative Development, Labor and Social Affairs (ADLSA), in collaboration with Qatar Development Bank (QDB), provides eligible citizens with the necessary facilities to purchase or build houses, including different loans, in order to ensure the right of every citizen to a suitable housing. While all the other financial institutions are banking on the growth of home loans by providing competitive packages to Qataris such as Financing up to 100% of the construction cost ( Subject that the amount will not exceed 70% of the land value), Competitive interest rates, Flexible monthly repayments, Plans for self-employed customers, Property insurance on valuation price (Building value).
During the inauguration ceremony of the census 2020, the data showed that the number of buildings in Qatar (completed, under construction, and under demolition) rose to 216,740 this year, compared with 148,804 in the 2010 census, an increase of 45.6 percent.
The number of completed buildings in 2019, according to the census, amounted to 200,417 buildings, compared to 128,074 buildings in 2010, an increase of 56.5 percent.
Residential buildings were at the top of the list with 80.3 percent, followed by facilities buildings 16 percent, with the rest being distributed to residential and commercial buildings and other buildings
The Qatar National Vision 2030 and the FIFA World Cup 2022 are major growth drivers for Qatar’s construction industry. The ongoing implementation of major development projects across various sectors (building, hospitality, tourism, transportation, infrastructure) Translate Qatar’s vision as well as the recently-drafted National Development Strategy (NDS) 2017 – 2022, that aims at creating conducive conditions for more private public participation.