April 20, 2021

Doha, Dubai named most expensive cities for construction

Doha

Doha has been ranked as the most expensive city for construction in the Gulf Cooperation Council region.

The Qatar capital was also ranked 12th globally on the 2016 International Construction Costs Index compiled by Arcadis.

Other GCC cities which ranked included Jeddah in 16th place and Dubai in 18th position.

The report stated that local labour markets and resource availability had benefitted cities in the GCC, but strong currency performance and falls in oil prices had impacted construction costs.

Doha is invested heavily in building infrastructure ahead of the 2022 FIFA World Cup in Doha.

New York ranked as the number one most expensive city for construction, and Jakarta the cheapest.

The annual ranking by Arcadis compares the relative cost of building in the world’s major cities.

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