GWC announces rent waiver for Warehousing Park outlets

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GWC announces rent waiver for Warehousing Park outlets

Mar 22, 2020 6:13 PM

GWC a 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 three-month...

GWC, a 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 three-month period starting from March 16.

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 6 months, said the company in a statement.

GWC Bu Sulba Warehousing Park was built over a sprawling 500,000 sq m area. Optimized 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 2015 with a two-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 Qatar, it added.-TradeArabia News Service

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