Qatar Development Bank (QDB) has announced the start of receiving applications for its "Land and Industrial Loan" initiative, a joint effort with the Ministry of Commerce and Industry (MoCI).Last updated: August 13 2022 10:26 PM
QDB said in a statement yesterday that the initiative contributes to the efforts of the continuous improvement to facilitate doing business and the creation of a stimulating environment for entrepreneurs and owners of small and medium-sized enterprises.
The initiative helps entrepreneurs in the industrial sector in all fields to overcome the challenges they may face in their journey to develop their businesses, as a new mechanism to submit one integrated application through a single window for industrial projects has been launched.
Assistant Undersecretary for Industry Affairs at the Ministry of Commerce and Industry Mohammed Hassan al-Malki said that the series of improvements made to the "Land and Industrial Loan" Initiative, which the Ministry worked on in cooperation with Qatar Development Bank, comes as a complement to the Ministry's efforts to support entrepreneurs and contribute to facilitating procedures and facilitating the delivery of services provided to them.
Acting CEO of QDB Abdulrahman bin Hisham al-Suwaidi praised the initiative and what it will provide to entrepreneurs, pointing to the joint cooperation with the Ministry of Commerce and Industry and the qualitative leap it will provide to the "Land and Industrial Loan" Initiative at several levels, especially the procedural level.