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Way Trading and Contracting Company deals with
trading and contracting activities.
A multi-billion dollar construction boom is underway in Qatar. Next to
oil and gas investments, the Qatari government has allocated US$15
billion in funds to develop projects including a US$5.5 billion new
airport, US$2.5 billion man-made island "Pearl of the Gulf", US$1
billion spent on construction and renovation for the 2006 Asian Games,
in addition to a series of landmark projects.
This unprecedented construction boom coupled with a
growing public interest in green and landscaped areas is driving
double-digit growth for the full range of landscaping products and
technologies as well as outdoor furniture and accessories. This demand
is fueled by widespread projects that include: tens of thousands of
housing units, residential compounds, schools, hospitals, parks, palaces
and government buildings. Estimates put the expenditure on landscaping
closer to QR 3 Billion (US$800 Million) for the next 3 years. Leisure
parks, water parks, beach resorts and luxurious real estate development
projects, in turn add to the massive demand for landscaping and
hardscaping products and technologies.
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