The Economic Zones Company Qatar (Manateq) has announced attractive incentives and benefits for businesses and potential investors in its Al Khor and Al Karaana industrial zones. The company is offering irresistible investment opportunities.
With the new offer, the small and medium-sized enterprises (SMEs) can now open yards at very affordable rents as low as QR10 per square meter annually. Al Khor and Al Karaana are new industrial complexes being developed and overseen by Manateq as part of Qatar’s longterm strategy to achieve industrial diversification. Both the industrial zones have been designed to offer all the logistic needs of businesses that require open yards. They provide a varied range of plots in addition to the added incentives such as the competitive rent rate and short-term lease contracts.
“Beyond the plots, various sizes available, Manateq’s Open Yards at Al Khor and Al Karaana are at the most affordable of rents along with special incentives,” Manteq said on its official Twitter handle, yesterday. The state-backed company which is overseeing the development of several logistics parks, industrial enclaves, and economic zones has also come out with a very user-friendly bilingual investor portal and a mobile app, both in Arabic and English languages. These online platforms provide users and potential investors all the needful information about the projects, benefits, and other solutions.“
Manateq’s Investor Portal & Mobile App provides vital information like eligibility, the application process, projects & business solutions, and includes a dashboard where you can track applications, submit service requests, and check your company’s financial status,” read another Tweet. Work is progressing in full swing in all the ongoing projects of Manateq which are currently under construction.
It recently announced that Manateq has achieved an exceptional level of maintaining 11.5 million safe man-hours without LTI at its Al Wakra Logistics Park. With Safety being a consistent priority, this is a vital reassurance to all investors with its promise of a productive workflow. LTI is defined as lost time injury sustained by an employee leading to loss of productive work in the form of absenteeism or delays.
In addition to Al Khor and Al Karaana zones, Manateq is also responsible for the development and management of Mesaieed Industrial Zone, which is located within Mesaieed Industrial City (MIC), a hub for the petrochemical, chemical fertilizer, oil refining and primary building material sectors in Qatar.