Doha: GWC, the leading logistics provider in Qatar and the developer and operator of GWC Bu Sulba Warehousing Park, has announced that retail outlets tenants in the Park will be exempted from rent for a period of 3-months starting March 16, 2020.
In addition, all companies falling under the small and medium enterprises category will receive support in the form of 15 percent rent reduction for a period of 6 months starting 16 March 2020.
This announcement comes in cooperation with the Economic Zones Company (Manateq) and are in line with the directives of the Amir H H Sheikh Tamim bin Hamad Al Thani to support the small and medium-sized enterprises (SMEs) in tackling financial consequences of COVID-19.
GWC Bu Sulba Warehousing Park was built over an area spanning 500,000 sqm. Optimised for SMEs, the Park offers Dry, A/C and Cold warehouses in addition to open yard storage facility, staff accommodation, supermarket, mosque, first aid and life amenities. The project was awarded to GWC by Economic Zones Company (Manateq) in late 2015 with a 2-year deadline. After completing the project on-time, it was accoladed by the Ministry of Industry and Commerce as the first PPP project to bear fruit in the State of Qatar.
GWC-Bu Sulba Logistics Hub has been developed to support the logistic sector in the country. The state-of-the-art facility provides services to the food and FMCG general goods sector, with distribution mainly catering to the needs of South to Central Doha stretching up to Gharaffa as well as Al Wakra and other areas in the region.
