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Investors checking the names of winners.

Ministry announces land allocation for logistics area

The Logistics Committee at the Ministry of Economy and Commerce (MEC) yesterday announced the winners of a public draw to allocate plots for the logistics area in the south (west of Al Wakrah, Berkat Al Awamer and Aba Al Salil).
The announcement came in the presence of investors who had applied for the plots and members of the committee.
The committee announced the allocation of 1,200 plots of land for new investors in addition to the re-allocation of 454 plots at Berkat Al Awamer.
The approved investments for the private sector in these projects amount to QR29.2bn.  
The category-wide investments are as follows: QR1.5bn for clothes and accessories, QR2.4bn for vehicles, garages and transportation, QR4.4bn for industries and food storage, QR1.9bn for electronics, QR870mn for central eateries, laundries and fodder storage, QR820mn for heavy equipment, QR3.4bn for contracting, QR760mn for cargo and marine equipment, QR890mn for medical storehouses, QR720mn for stationery, sports and home appliances, QR2.2bn for miscellaneous storehouses, QR2.5bn for chemical storehouses, QR4.2bn for factories and building materials, QR1.7bn for aluminium, carpentry, ironwork and marble workshops, and QR940,000 for furniture.
The logistics project will be spread over a combined area of 7,420,613sqm in the southern parts of the country. It seeks to provide high-quality infrastructure and service facilities, which, in turn, is expected to reflect positively on costs pertaining to storehouses and logistics services in the coming years.






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