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Manateq leases 787 plots for Birkat Al Awamer Logistics Park
11 Dec 2020 - 9:21
Eng. Fahad Rashid Al Kaabi (right), CEO of Manateq looks on, while a senior official from the Ministry of Commerce and Industry showing one of the winners of a land plot for Birkat Al Awamer Logistics Park, yesterday.
The Peninsula
Manateq, the national company working to diversify Qatar’s economy by providing premium infrastructure within strategic zones, has reported that number of investors applied in its Birkat Al Awamer Logistics Park has outstripped the plots available for lease. The company received more than 3,800 applications for the 787 plot leases, offered a 25-year lease period, which was launched in November. Following the high demand, a public draw was conducted for the qualified applications from companies with 100 percent Qatari ownership, to withdraw the winning applications and backup list, with the event being supervised by the Ministry of Commerce and Industry. The winning ap