GWC (QPSC), the leading logistics provider in Qatar and developer and operator of GWC Bu Sulba Warehousing Park, recently announced that retail outlet tenants in the Park will be exempted from rent for three months effective 16 March 2020.
In addition, all companies falling under the small and medium enterprises (SME) category will receive support in the form of 15% rent reduction for a period of six months, also starting on 16 March.
The announcement is in cooperation with the Economic Zones Company (Manateq) and in line with the directives of HH the Amir Sheikh Tamim bin Hamad Al Thani to support the SME sector as they tackle the financial consequences of COVID-19.
GWC Bu Sulba Warehousing Park was built over an area spanning 500,000 sqm. Optimised for SME, the Park offers dry, airconditioned 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 Manateq in late 2015 with a two-year deadline. It was the first PPP project to bear fruit in the State of Qatar.
For a list of companies in Qatar waiving their fees, check out the post below: