Posted on July 18, 2015

HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa al-Thani has announced the launch of  the largest logistics and industrial project in southern Qatar, said Gulf Times. The project, launched on the directives of HH the Emir Sheikh Tamim bin Hamad al-Thani, seeks to  diversify the base of the Qatari economy and support competitiveness of the private sector in order to increase commercial activity, reinforce the local product and diversify non-hydrocarbon investment methods.

The Prime Minister and Minister of Interior stressed the government’s keenness on translating the directives of the Emir and crystallise his vision to make Qatar a regional hub for investment and logistics, increasing competitiveness of the commercial sector as well as encouraging the private sector to participate and contribute effectively to the development plan of the State in accordance with the Qatar National Vision 2030.

Stressing that the southern regions will lead the economic diversification strategy and will change the map of investments in Qatar, he praised the concerted efforts of government agencies and teamwork in this regard. The announcement comes as a commitment from the government to the Emir’s annual speech before the Advisory Council’s 43rd opening session calling for the development of plans, which include a realistic timetable to resolve the stores issues and logistical regions and a plan to promote the economic and trade sectors. The Prime Minister and Interior Minister explained that the government is committed at this stage to implement a number of major and important projects for the development and diversification of the Qatari economy through private and public sector. 

The Prime Minister assigned the government to establish a number of ministerial groups and committees that helped to identify the priorities of the government including the management of major projects, the provision of lands for all activities and promoting and encouraging private sector investment in all areas of the economy, in order to achieve the boom in the economy and reduce dependence on State resources of gas and oil sector. The work of those groups contributed in improving the capacity of the various ministries in co-ordinating their work, raising their capacity as well as accelerating the implementation of projects including this outstanding project.

For his part, HE the Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed al-Thani and Chairman of the Ministerial Group to stimulate private sector participation in economic development projects explained that the small investors were involved at the heart of the project strategy representing the majority share of the allocation of quotas and have been allocated 951 plots of land ranging in sizes between 1000 and 2000 square meters for investment. He said that to ensure the success of the development process of lands by small investors, the logistics Committee has set up typical maps and building permits so as to ensure the acceleration of the development of those lands and ease procedures for small investors.

This project is one of the largest offered by the government in these economic sectors in three zones, namely South Wakra, Birkat Al Awamer and Aba Saleel including 1,583 plots of land over an area of (6.330.907 m2), which will be reflected positively on the market and the prices of logistics services and storage in the near future. The project site adds a strategic dimension as it is located within walking distance of Hamad Port, the Mesaieed Industrial City and the Orbital Highway, which will serve the quality investments in this project.

The Logistics Committee set the general policies to offer the projects of logistics areas south of the country so as to ensure participation of all categories of investors, and encourage small investors to participate in this project, which contains investment products that meet the needs of all segments by subtracting relatively small lands (1,000 to 2,000 sq m) for small investors, lands of medium and large sizes (above 2000 to 67.557 sq m) for medium and large investments, at a fixed price per square meter paid every six months in all regions, with a price of 40 riyals per square meter per year, and will be contracted through the rent based on the system of long-term contracts (for 30 years).

The logistics areas project in south of the country will include: assembly and processing services, open storage spaces in addition to various storage applications (refrigerated warehouses, frozen stores and dry stores), showrooms, shops, commercial offices, labour camps and workshops for the maintenance and storage of cars as well as assembly and processing workshops for light industry, service centres, supplies and warehouses.

This project is characterised by a typical environment for business and the employees’ lifestyle and includes integrated infrastructure with international standards. The reception of requests from investors by the Logistics Committee according to customisation policy is scheduled on the 2nd of August 2015 ending on the 9th of November 2015, in order to provide sufficient time for all investors to submit their applications to enter the rehabilitation phase.