Frankly speaking, for private sectors especialy for construction firm including consultant firm, yes it starting affecting Qatar due to the global crisis. Its started from December last year and this month alone, many construction company has cut down their overhead by terminating the services of their employees from general labours, engineers to manager level. Projects are turning to slowing down as the progress payments are delay or not getting payment for more than 6 months, new projects are on hold as the clients dont want to take any risk and if this crisis continue, we will see the huge impact in Qatar especialy for construction field another 4 to 6 months. This is only my personal observation. As Dubai right now, construction firm are realy in bad shape as many ongoing projects and new projects are on hold. Nobody knows what may happend tomorrow. Cheers
Frankly speaking, for private sectors especialy for construction firm including consultant firm, yes it starting affecting Qatar due to the global crisis. Its started from December last year and this month alone, many construction company has cut down their overhead by terminating the services of their employees from general labours, engineers to manager level. Projects are turning to slowing down as the progress payments are delay or not getting payment for more than 6 months, new projects are on hold as the clients dont want to take any risk and if this crisis continue, we will see the huge impact in Qatar especialy for construction field another 4 to 6 months. This is only my personal observation. As Dubai right now, construction firm are realy in bad shape as many ongoing projects and new projects are on hold. Nobody knows what may happend tomorrow. Cheers