The Logistic Committee at the Ministry of Economy and Commerce (MEC) and the Economic Zones Company (Manateq) yesterday signed a QR856mn contract with Galfar Al Misnad Engineering and Contracting to implement the infrastructure works associated with the Al Wakrah Logistic Services Area.
The project covers at total area of 6.6sq km and currently the first phase is being developed on 3.5sq km, to be leased to investors.
The infrastructure works are scheduled to be completed within 24 months of signing the contract, the Ministry of Economy and Commerce said in a release yesterday.
The contract was signed by Hamad bin Ali al-Mannai, head of the Logistic Committee at the Ministry of Economy and Commerce; Fahd Rashid al-Kaabi, CEO, Manateq and Satish G Pillai, executive director, Galfar Al Misnad .
Such infrastructure works are scheduled to be accomplished within 24 months of signing the contract.
Al-Mannai said the signing of the contract was considered an important step towards the implementation of such an important project.
Pillai said work on the project would start immediately and will strictly adhere to high level international standards. The project is set to be completed as scheduled.
Business / Business
MEC, Manateq sign QR856mn deal with Galfar Al Misnad for Wakrah Logistic Services Area works
Al-Kaabi, al-Mannai and Pillai following the contract signing.
