The project is slated for completion in 24 months. Businesses have complained in the past about lack of storage areas, particularly for food and pharmaceutical products, which leads to spoilage. Sheikh Abdullah said the project was aimed at developing the country’s logistics sector. “Directives for the creation of the Logistics Committee were intended to reduce and eliminate bureaucratic procedures in the implementation of projects. This enabled us within a short period of time to offer land plots and create fair and transparent competition to launch the project,” he said.
The Prime Minister stated: “The project will provide storage facilities at a competitive price for SMEs according to international standards, bridge the gap between supply and demand in the storage market, act as a counter to illegal and unsafe storage offers, contribute to reducing the high increase in the cost of public goods in general because of the availability of storage at a reasonable price, provide more employment opportunities and support competitiveness of firms and the economy.”
Minister of Economy and Commerce H.E. Sheikh Ahmed bin Jassim Al Thani said the project was in response to the need to build a strong and diverse economy with an active role to be played by the private sector. He estimated local investments in storage areas at QR 2.778 bn.
Bu Sulba logistics hub
Meanwhile, Gulf Warehousing Company (GWC) has been awarded the QR 685 mn contract to develop the Bu Sulba logistics hub. The facility will cater to SMEs located in south and central Doha up to Al Gharaffa, in addition to Al Wakrah.
The hub will be a self-contained centre spread across an area of 517,376 sq. metres with a built-up area exceeding 40 percent of the total. It will feature 194 warehousing units optimised for SMEs, as well as a container yard, labour accommodation, first-aid centre, a mosque and commercial and other amenities, a GWC statement said.
The warehouses will offer storage solutions ranging from dry, temperature-controlled, chilled and frozen as well as bulk storage, while taking into consideration the specific needs of SMEs.