Qatar Newsletter - Spring 2018

MEEZA, QDB, MOORE STEPHENS & SMART MANAGEMENT PARTNERSHIP AGREEMENT

As part of the efforts to support the Small and Medium Enterprises (SME’s) in Qatar through the use of technology and cloud services, Qatar Development Bank, MEEZA, Smart Management IT Solutions and Moore Stephens Qatar have signed a partnership agreement to aid and assist companies.

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They strive for the development of their business by generating keen and effective applications and converting daily administrative work into professional, efficient, easy and smooth work, which will reduce the daily workload that leads to better productivity and efficiency.

 

The agreement was signed in the existence of Mr. Ibrahim Al Mannai, Executive Director of Advisory Services from Qatar Development Bank, Eng. Ahmad Mohamed AL-Kuwari, MEEZA CEO, Mr. Abdul Aziz Al Sulaiti, Managing Director of Smart Management IT Solutions and Mr. Sami Zaitoon, Managing Partner of Moore Stephens.

 

The agreement targeted to facilitate an enhanced platform for small and medium enterprises that will offer ERP services and smart solutions through the use of WallPost application. This will support improved performance of day-to-day operations, making them more reliable, less expensive and give SME’s the ability to achieve objectives with quality.

 

SINGLE WINDOW INITIATIVE “OWN YOUR FACTORY IN QATAR IN 72 HOURS”

The Coordinating Committee of the Management of the Single Window System composed an open gathering to facilitate an industrial investment in Qatar, which is a piece of the second period of the one-stop activity (own a factory within 72 hours in Qatar), joined by many Qatari investors and residents at the Ministry of Economy and Commerce.

The point of the gathering was to acquaint the investors with the industrial investment procedures in the country after 250 investment opportunities were offered to those interested on the Qatari industrial sector part on 100 offering of industrial establishments facilities. The most substantial is the achievement of the project transactions and approval within 72 hours through one entity.

The Head of the Committee Mohammed Salman Kaldari, said that this activity is the second of the one-stop activities under the orders of the Prime Minister and the Interior Minister H E Sheik Abdullah canister Nasser receptacle Khalifa Al Thani, to help the investors in acquiring industrial and environmental licenses to improve the position of the industrial sector.


The initiative targets all Qatari and foreign investors or the partnership between them so that they have many privileges such as issuing licenses for the target project within 72 hours and the readiness of the land of the project in addition to obtaining immediate visas for employment and the readiness of industrial infrastructure of water and electricity and roads with the priority of procurement with local manufacturing, support and promotion of exports and external promotion through the foreign investor as well as the customs exemption for raw materials and 10% support on the government product and financing facilities.

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. 

Moore Stephens Qatar assisted investors in the preparation of their business plan such as, Pre- Fabricated Toilet Factory, Bolts and Nuts, Power Generator Factory of Mr. Marwan Aqil, Juice Factory of Mr. Abdulaziz AL Sulaiti, Plastic Food Container and Food Pack of Mr. Ahmed Al Sadd.

 

HAMAD PORT OPENING

Hamad Port is Qatar's biggest access to the sea and its passage to more than 150 endpoints around the globe and will give the country with complete independence in its import and export of goods to various continents. The port is the most recent among the six ports reaching out along the nation's coasts, specifically: Doha, Mesaieed, Haloul, Ras Laffan and Ruwais

 

The port is situated in the city of Mesaieed south of Doha and is the biggest port of its kind in the Middle East and has the ability to get a wide range of boats and vessels of different sizes and weights. It covers an aggregate zone of 28.5 square kilometers and the aggregate cost is $7.4bn. It has a general payload terminal with a limit of 1.7 million tons for each year and a grain plant with a limit of 1 million tons for every year, a station for the gathering of animals, a station for beach front security vessels, and in addition a traditions investigation region and a 110-meter perception tower and a ship examination stage, different marine facilities and administrative buildings and a number of other facilities such as warehouses, mosques and restrooms as well as a medical facility.

 

The port is outfitted with the most recent equipment and machines. The stacking and treatment of trucks is quick, as the compartment is emptied and conveyed to the merchant in just 20 minutes, with a normal of 30 holders for every hour. Customs and other entities provide facilitation to importers, while the total capacity of the port is about 7.6 million containers, including 2 million containers per year within the first phase of operation of the port. 

 

Qatar Railways Company announced that it has received the first batch of Doha Metro trains at Hamad Port, two months ahead of schedule, after a 21-day journey from the Japanese port of Kobe. 

 

The organization said that the gathering of trains included four prepares out of an aggregate of 75 that will serve the Doha Metro venture, whose first stage is set to open in 2020.

 

Qatar Ports Management Company (Mwani Qatar) has extended its maritime network by launching several direct shipping lines between Hamad Port and a number of ports in the region and beyond to provide fast and secure solutions to exporters and suppliers from around the world. The new routes connect Qatar ports with Sohar and Salalah ports in Oman, Shuwaikh Port in Kuwait, Karachi port in Pakistan, Izmir port in Turkey, Mundra and Nava Shiva ports in India.

 

The new line between Hamad Port and Sohar Port will give direct shipping services at a week by week recurrence of three trips, with the trip lasting 1.5 days. The immediate transport benefit between Hamad Port and Shuwaikh Port in Kuwait will be weekly and the transit duration will be just one day. The new service is perfect for perishable products and foodstuffs. 

 

The route line with Karachi Port in Pakistan will also be weekly and will support the trade amongst Qatar and Pakistan and help in providing swift and guaranteed solutions for exporters and importers from both countries. It likewise diminishes the travel length from Hamad Port to Karachi to six days and eight days in the return. 

 

Underlining the economic significance of Hamad Port, an agreement was signed for the design and construction of the premises and food security facilities at the port at a cost of QR1.6bn. The undertaking will be created and built on an area of 53 hectares including facilities for the manufacturing, conversion and refining of rice, raw sugar and edible oils. These products will be available for local, regional and international use. 

 

The Minister of Transport and Communications H E Jassim bin Saif Al Sulaiti said that Hamad Port's food security distribution project will give a two-year load of produced and stored goods for three million individuals. He pointed out that the contract signed is correlated to the first stage of 26 months, while the second phase, which is no less important, is the operational phase through the issuance of tenders for the private sector and other stages related to food security. Qatari companies will set up factories in countries including Turkey, Azerbaijan and Pakistan, which will lead to greater self-sufficiency.

 

The opening of the port will be an extraordinary festival and an indication of Qatar's new period of development. Hamad Port is required to be a noteworthy lift to Qatar's economy by diversifying it, transforming the country into a regional trading center and boosting the state’s strategic inventory of food and pharmaceutical.

HAMAD