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Qatar

Single window approval for 63 factories with QR2.5bn investments

Published: 16 Nov 2017 - 08:50 am | Last Updated: 02 Nov 2021 - 06:00 pm
Peninsula

The Peninsula

The coordinating committee for the “Single Window System Management” announced approval of applications of 63 factories with a total value of investments worth about QR2.5bn in the eight sectors covered by the “Own Your Factory in Qatar in 72 Hours” project. The coordinating committee for the Single Window System Management announced the results of the first phase of the “ “Own Your Factory in Qatar in 72 Hours” project.

The “Own Your Factory in Qatar in 72 Hours” project is the second phase of the government initiative “Single Window System Management” which aims at fast-tracking the establishment of more manufacturing companies and factories in Qatar, in line with Qatar National Vision 2030. 

Speaking at a press conference, Chairman of the coordinating committee for the Single Window System Management Salman Mohammed Kaldari said that food industries sector comes first with 22 factories valued at QR419m. The area allocated to these factories is about 110 sq km, followed by the medical industries sector with 9 factories with investments worth QR678m with an area of 149 sq km. He added that 9 factories were allocated for the chemical industries sector with an investment value of QR172m on an area of 82.6sq km. Eight other factories were approved in the paper sector with a value of QR126m and an area of 55sq km. The rubber industries has 6 factories at QR105m with an area of 42 sq km. 

Five factories were allocated for the electrical industries with investments worth QR93m and an area of 40 sq km. Four other factories were allocated for the metal industry with investments worth about QR670m on an area of 57 sq km. One factory was allocated for the machinery industry with an investment of QR11m and an area of about 3 sq km.