New plots at Manateq’s Birkat Al Awamer Logistics Park

10/11/20

The logistics parks in the State of Qatar, combined with expanding road networks, are changing the way goods are being moved in the country.

The Economic Zones Company - Manateq has launched new lease plots for investors at the Birkat Al Awamer Logistics Park forty kilometres from Doha, twenty minutes from Hamad Port and close to Al Majd Road.

The 9.4 million square metre park - one of five logistics projects developed by Manateq - is designed for companies to build their own facilities. Comprehensive assistance will be available to allow them to build warehouses or workshops, commercial showrooms, offices and staff accommodation in one place. Typically, the plot sizes vary from 800 square metres to more than 20,000 square metres.

The investors in the Birkat Al Awamer Logistics Park will benefit from the proximity to Hamad Port and other important gateways such as the Umm Al-Houl Free Zone. The project is expected to appeal to companies in logistics, construction, food, aluminium production and distribution, stone and steel fabrication as well as multi-purpose storage operation.

The investors are required to prepare and provide a valid commercial registration and a business plan as part of their application which will be assessed by the Manateq Investment Committee.

In order to facilitate the solutions for investors in terms of financing or funding, Manateq has signed a memorandum of understanding with Qatar Islamic Bank (QIB). As part of the agreement, investors in Manateq's four logistics parks - Jery Al Samur, Birkat Al Awamer, Al Wakra and Aba Saleel – are allowed to raise sixty percent of the project cost against land and personal guarantees from QIB.

In conclusion, the (logistics) services from storage to distribution in the logistics parks, their strategic location, road connectivity and easy access to airports and sea ports enable stakeholders to streamline supply chains and deliver goods in a faster, cheaper and more efficient manner.

Please click on the link and reach out to learn more about the logistics parks in the State of Qatar as well as the Economic Zones Company - Manateq and Business Start Up Qatar.

Other News

BSUQ News 115 - Thumb

Qatar is among top countries for entrepreneurs

The State of Qatar is ranking ninth on the list of top countries for entrepreneurs according to the National Entrepreneurial Context Index (NECI)...

Read more
BSUQ News 114 - Thumb

Qatar remains a promising market in the region

The State of Qatar is a very promising investment market according to a recent report by The Investment Promotion Agency Qatar (IPA Qatar).

The report “Invest Qatar Annual Report 2021”...

Read more
BSUQ News 1 - 16 Jan 22 - Thumb

Qatar’s trade surplus up 171 percent in November

Qatar’s foreign merchandise trade balance increased by 171 percent in November 2021 compared to November 2020 according to the latest figures released by the Planning and Statistics Authority...

Read more
BSUQ News 113 - Thumb

SCDL announces new tenders for 2022 FIFA World Cup

A webinar hosted by the Qatar Financial Centre (QFC) and titled “Exploring Tender Opportunities at the Supreme Committee for Delivery & Legacy” discussed the potential for businesses and projects related...

Read more
BSUQ News 112 - Thumb

Qatar to award a number of large-scale projects in 2021

The State of Qatar is expected to invest more than QAR 113.15 billion (USD 31 billion) into large-scale projects this year. The estimation is in line with the country’s QAR 47.45 billion (USD 13 billion)...

Read more
BSUQ News 111 - Thumb

LNG expansion will positively affect Qatar’s economic growth

Qatar’s plans to expand the Liquefied Natural Gas (LNG) capabilities and capacities promise a major boost to the growth of the national economy. The expansion results in a projected surplus between 2021...

Read more
BSUQ News 110 - Thumb

Qatar’s economic performance improved in first quarter

Qatar’s budget for the first quarter of this year was exceeded by QAR 200 million (USD 54.8 million). The surplus is partly related to the most recent increase in the oil prices, the level of budgetary...

Read more
BSUQ News 109 - Thumb

Investments in digital sector at all-time high in Qatar

Qatar has witnessed a lot of investment in the digital sector in line with the digital transformation of the country and the establishment of a knowledge-based economy as set out in the [Qatar National...

Read more

Page Break