Qatar's built asset to deliver an estimated $152bn this year

Qatar  is leading the world in  terms of  securing a financial return from their built assets, when this is assessed on a per-capita basis. In 2016, built assets will generate an average of $66,316 for every person that lives in Qatar. 
This figure is significantly higher than any of the other 35 countries considered in this year’s study, demonstrating that Qatar has not only invested in its built environment, but it is also securing an impressive return on this capital spend.
Qatar’s built asset will deliver an estimated $152bn to the local economy in 2016. This represents an 11 percent increase over the last two years, and will see the total contribution from built assets account for 44 percent of Qatar’s total GDP in 2016.
 This growth in percentage is partly due to the impact of a lower oil price, which has seen the percentage of revenue that comes from exporting natural resources decrease, but also reflects the tremendous progress that Qatar has made in recent years in diversifying into new industry sectors. 
Investment in buildings and infrastructure is playing a key role in supporting Qatar’s economic diversification agenda, according to the ‘2016 Global Built Asset Performance Index’ released today by Arcadis, the leading global Design & Consultancy for natural and built assets. 
The index, developed in conjunction with the Centre for Economics and Business Research (Cebr), examines the revenue that is generated by buildings, infrastructure and other fixed assets (homes, schools, roads, airports, power plants, malls, railways, ports) in 36 countries around the world that collectively represent 78 percent of global GDP. 
Derek Sprackett, Head of Business Advisory, Arcadis Middle East said: “Built assets, including transport links, high quality residential and commercial property, and productive industrial centres all make a significant contribution to a country’s economic performance. 
In recent years, many countries across the Middle East have invested heavily and strategically in real estate and infrastructure, as part of their national visions and efforts to diversify their economies. Our research shows this strategy is already paying financial dividends, as well as creating cities and communities where people want to live, work and visit.”
The Arcadis research also examined how the economic return from built assets would evolve over the next decade. For Qatar, the study showed that the revenue contribution that comes from built assets would increase by 20% in this period, reaching a total of $183bn by 2026. The Vision 2030 has provided a  roadmap on how Qatar will develop over the coming years.