Qatalum will boost the markets for suppliers and subcontractors locally and in the Gulf region. The project will create approximately 5,500 jobs over the three-year construction period.
The Social Impact Assessment estimates that the project development will generate approximately USD 200 million expenditure on construction materials and services in the Qatari economy, which should be equivalent to 2,000 jobs in addition to the number of on-site construction workers.
When in operation, it is expected that the Qatari Gross Domestic Product (GDP) will be enhanced by approximately USD 1.5 billion per annum, or 5.5% of prevailing GDP, and potentially double that when the project’s impact on downstream or economic diversification is taken into account.