Ministerial Group launches investments worth QR4bn
December 14 2017 01:30 AM


In accordance with the directives of His Highness the Emir Sheikh Tamim bin Hamad al-Thani for achieving self-sufficiency and reliance, the Ministerial Group for the Encouragement and Participation of the Private Sector in the Economic Development Projects of Qatar, chaired by Prime Minister and Interior Minister HE Sheikh Abdullah bin Nasser bin Khalifa al-Thani, announced a number of investments worth more than QR4bn in different fields.
The group said in a statement yesterday that the new investments are part of the government’s efforts to enhance the private sector’s role in the country’s economic development.
The projects will mainly be in the health, education, logistical support, agricultural produce, industry, and environmental fields.
In the education sector, the group chose a group of investors to establish seven schools.
The group already allocated the land and provided it with the necessary infrastructure.
A total of 116 investors competed over winning those lands.
The investment on these schools will reach QR750mn and will take in a total of 9,000 students of different ages.
The group also provided permits for building three new private hospitals, as part of its effort in encouraging the health sector.
The new hospitals will mainly be located in Al Rayan and Al Shamal municipalities. The total investment will be worth QR2.2bn serving 18,000 patients.
In the logistics sector, the Ministerial Group announced the launch of phase two of housing projects for workers of big corporations which have undertaken the state’s projects.
Two plots of land in Umm Salal (80,000 sq m) were allocated for the purpose. The group adopted the idea of putting up a project of the integrated agricultural marketing centre in the agricultural gathering area located in Al Mazrouh for the private sector.
It has allocated a land area of 25,000 sq m equipped with the necessary infrastructure. The project aims to improve the marketing, distribution, and storage of local agricultural products, in addition, to take advantage of the surplus of vegetables by manufacturing and distributing it in the market in the form of frozen or canned vegetables.
The project will also include an integrated depot for sorting and packing local vegetables and a vegetable storage area equipped with storage coolers.
It will contain a production line for frozen and canned vegetables, and a fleet of refrigerated vehicles to market local vegetables in addition to an exhibition of agricultural production inputs such as fertilisers, seeds, tools and others.
The ministerial group reviewed the latest developments concerning the industrial sector, whereas 38 factories have entered the production stage since the beginning of the unjust siege on the state.
It is expected that 54 new factories will enter the production stage in the middle of next year in various fields such as food, plastic, wood, metal, textile, paper and other industries.

Last updated: December 14 2017 08:35 AM

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