Qatar undergoing huge demand for land developmentby Kim Kemp on Jan 21, 2016
Over 3,000 applications from approved developers have been received for various projects in the South of Qatar, according to a senior official of state-backed company Manateq.
Manateq, which is responsible for overseeing the development of several economic zones within the country, has been inundated with applications from developers.
Fahad Rashid Al Kaabi, CEO of Manateq, said: “There was a huge demand for plots of land in Al Wakra and other areas where we have developed some 1,200 plots, but the demand was more than 3,000 and we could not accommodate them all.
“But hopefully the remaining developers will be accommodated in other areas in keeping with their requirements.”
Manateq was established in 2011, as a national initiative to diversify Qatar’s economy through the provision of world-class infrastructure within strategically placed zones.
The company has been working with investors, both local and foreign, to provide an international access point, expediting the set-up and successful growth of businesses in the country, The Peninsula reports.
Three commercial parks in the southern region, Al Wakra, Birka Al Wamer and Aba Saleel, are designed for developing warehouses, workshops and service hubs, consisting of 1,583 plots across an area of 6,330,907 square metres.
“We are trying to build all the needed infrastructure to support the growth and development of a vibrant and sustainable private sector,” Al Kaabi said.
Manateq has been authorised to develop more than 4,000 million square metres, which include special economic zones, industrial and logistics parks — Ras Bufontas, Um Alhoul, Al Karaana and Jery Al Samur.
The areas are to be developed in phases, with different emphases on a variety of industries.
Located adjacent to Hamad International Airport, Ras Bufontas is dedicated to the development of industrial clusters, including healthcare and medical devices, automotive and aerospace, logistics, electronics, fashion, advanced technology and other business services.
Its proximity to the airport makes it an ideal location for businesses that require international connectivity.
The Um Alhoul zone, near the Hamad Port, will focus on industries related to aluminium and other metal processing, heavy machinery, marine, construction, downstream petrochemicals and food and beverage that require sea transport.
“Manateq is developing Um Alhoul City on an area of 43 square kilometres, which will have clusters.
“We are focusing more on logistics projects in different cities in addition to other projects to meet the government’s requirements,” Al Kaabi added.
“We have projects and each are in different stages of development depending on demand in the market.
“We are focusing on the northern side of the country such as Al Khor and Ruwais, where we are developing infrastructure for projects related to logistics sector,” he continued.
Manateq is also working to develop infrastructure in Al Karana (near the Saudi Arabia border) in an area of 50,000sqm.
The Al Karana Zone is more suited to sectors such as constriction, building materials, metals, chemicals and plastics, and is set to provide access to over 100 million customers in the GCC and international markets
Jery Al Samur, adjacent to the planned truck route between Al Rayyan and Lusail, will become an important warehousing and distribution centre for sectors related to food and beverage, auto tools and machinery, construction materials and others.
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