Qatari developer and operator of specialised economic zones (SEZs), Manateq, has finalised deals with DHL and FedEx, to give them access to operate from its SEZs.
Nermeen Abd al Aziz, business analyst at Manateq, said:”We are already building units for both companies in Ras Bufontas to open its first operational branches.”
Once the long awaited new law of Manateq gets the final approval, the deal would allow both companies to build large storage and distribution units to facilitate their work in Qatar. The companies can later expand to other GCC countries once the GCC railway network is completed, reported Qatar Tribune.
Nermeen pointed out: “Ras Bufontas is located adjacent to Doha’s new Hamad International Airport, and is considered an ideal location for businesses requiring international connectivity. The zone would provide a vibrant and inspiring workplace. It has a long-lasting, high-quality, and low-maintenance design and includes service hubs, public parks, labour accommodation, utilities access, versatile office and retail space, and also our headquarters.”
Nermeen said Manateq has started to receive several applications from prominent international companies to invest in SEZs, adding that companies interested to invest in special zones will go through evaluation processes to check their business plans and financial stability.