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New Central Market Complexes to get operational in next year

Work on new Central Market Complexes are progressing in full zoom as they are likely to get operational by mid-2016, the government said.

The market complexes would include fish, livestock, fruits, meat and vegetable markets in a single location, with each complex housing other amenities like banks, ATMs and administrative blocks.

There are several markets close to one another, with one being meant for fresh fruits and vegetables, while the other is for wholesale items like edible oil, grains and other items. There are markets for fish, and one for livestock that boasts slaughter houses.

The new complexes are being set up in Al Wakra, Al Sailiya and Umm Salal, with each complex spanning an area of 220,000 sqm, said a statement by the Ministry of Economy and Commerce.

The Manateq Company (also known as Economic Zones Company) is supervising the construction of projects under the overall care of the Permanent Committee for Central Markets at the Ministry.

The contracts for developing the three projects have been awarded to Marco Trading, Al Muntaser Contracting Company, and the Builders for Construction and Contracting.

As for Free Trade Zones (FTZ) or Economic Zone projects, the land is being levelled for the Abu Fontas project, and this will be completed by April 2016. Land is being levelled for Free Trade Zone in Umm Haul, and land levelling will be completed in November 2016, the ministry said, and gave no further details about the third FTZ project.

As for allocation of plots by the government to private companies to build warehousing facilities in Jari Al Samar, the Ministry said basic infrastructure amenities will be provided in the area with 21 big plots for warehouses by January 2017.

As for Logistics project, the private sector is developing under government supervision and co-operation, and four major projects are underway in three locations Bu Salba in south by Gulf Warehousing, Abu Faseela by Al Asmakh Real Estate Development Company and Umm Ash-Shareen by Ali bin Ali Logistics.

The project will have a total area of two million sqm and be commissioned between January and April 2017. The logistic facilities will be of world standards and SMEs will be offered with warehousing amenities at affordable rates.




Posted on 23/6/2015

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