Dragon Mart to open building materials showroom
The demand for building materials has prompted Dragon Mart to contemplate opening a 13,000m² showroom in Doha
Dragon Mart is reviewing the launch of a 13,000m² showroom to supply the increasing demand for building materials, decorations and fixtures in Qatar.
The demand for building materials has prompted Dragon Mart to contemplate opening a 13,000m² showroom, logistics manager Yang Qi told Gulf Times.
He said that presently they use around 1,500m² of dedicated space for this section at the 21,000m² mall located at the Barwa Commercial Avenue.
The mall has 140 shops on the mezzanine floor while some 170 are located on the ground floor.
"Many companies now are looking for high-quality materials at reasonable prices for their various building projects across the country," he explained.
He disclosed that despite the oil price slowdown forcing some tenant to leave, the situation seemed to be shifting to their favour, as Dragon Mart's occupancy has reached 95% and sales continue to improve.
Qi sees a huge potential in the Qatar market particularly with projects for the 2022 FIFA World Cup underway and believes this gives them the opportunity to showcase their products, as many Chinese companies are also capable of producing quality products.
"We are expecting more Chinese businessmen and traders to come to Qatar in the coming months. They can supply the needed materials in terms of quality and quantity and on time."
Numerous businesses already have shops in Dubai where a 150,000m² Dragon Mart also operates and they plan to open new shops in Qatar, Qi said.
"Some investors may come directly from China but it is easier for those in Dubai to come to Qatar," he highlighted.
Qi hopes to have a warehouse that will be used to keep various kinds of items particularly building materials, decorations and fixtures.
Dragon Mart is planning to open its 1,000-capacity underground parking this year once all shops are operating, adding to the existing 400.