Timeline set for new $8bn logistics hub as Qatar firms vie for land
Hundreds of new automotive garages, various showrooms and warehouses are scheduled to be constructed west of Al Wakrah over the next three years, giving residents and businesses a badly needed alternative to the Industrial Area, officials have said.
Yesterday, the Ministry of Economy and Commerce (MEC) held a lottery to allocate some 1,654 land plots of various sizes to local companies as part of its previously announced logistics park project in southern Qatar.
These companies are expected to collectively spend some QR29.2 billion (US$8.02 billion) on the initiative.
