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Manateq, the leading provider of special economic zones, industrial zones, logistics & warehousing parks in Qatar, has held a signing ceremony to unveil the development of two hotels and three hotel apartment complexes in its Ras Bufontas Special Economic Zone (SEZ), resulting in private sector investment worth QR488.5 million. The signing ceremony, which represents another important milestone in Manateq’s drive to secure private sector investment into Qatar, was held at Rotana City Center Hotel. Manateq CEO Fahad Rashid Al Kaabi was present at the ceremony, along with representatives of the property developers involved in the project, including Mr. Ahmad Hussein Abdulla, the Managing Director of Hotel Musherib WLL, Mr. Abdulrahman Abdulla Al Ansari CEO of Ras Bu Fantas Trading & Contracting W.L.L., Mr. Sraiya Nasser Rashid Sraiya Al Kaabi, Board Member from Al Sraiya Holding Group, Mr. Jaafar Ali Jaafar Al Saraf, Board Member from Zukhrof Trading and Contracting, and Arch. Mohamed Abbas R. Hussein, General Manager of Bab Ishtar Trading and Contracting Co. Under the landmark agreement, two (4-star) business hotels and three (3-4 star) hotel apartment buildings will be developed on the waterfront at Ras Bufontas SEZ, on the land handed over by Manateq, further highlighting the proactive approach and hard work of Manateq to form strong bonds with the private sector and its efforts to continue contributing to the diversification of the Qatar economy and developing industry in the country. “This announcement is yet another milestone for Manateq and complements the success we have enjoyed so far and the partnerships we have formed within the private sector as we continue to develop our special economic zones and logistics parks,” Fahad Rashid Al Kaabi, CEO of Manateq, said. “Our ability to be able to offer such a service that eases the process for investment offering businesses a tourism district in one location, and the appetite from entities to partner with us is very encouraging for the development of industry and various other sectors in Qatar.” One of the hotels will be constructed by Zukhrof Trading and Contracting and operated by the Wyndham Hotel Group, while the other 185-room property will be developed by Bab Ishtar Trading and Contracting and operated by Aspire Hospitality to have another branch of The Torch, Doha. Both properties will be developed in line with the Build Operate and Transfer (BOT) model for 25 years. The hotel apartments meanwhile, will each have a minimum of 100 rooms and will be constructed by Hotel Musherib W.L.L., Ras Bu Fantas Trading and Contracting and Al Sraiya Holding Group, and operated by Tourist Hotel, Katara Hospitality and Al Sraiya Hotels & Hospitality respectively. Scheduled for completion by April 2019, the business and tourism venture will be located on the waterfront at Ras Bufontas, and will service business travelers working in the Ras Bufontas SEZ and surrounding areas. Guests will benefit from a scenic relaxed environment, while being within easy reach of the retail and leisure options available on the shoreline and within the SEZ. Ras Bufontas SEZ is expected to become a business hub for technology, business services, logistics, advanced manufacturing, healthcare and medical devices. In addition to hotels and hotel appartments, the facilities in this zone will include residential units, office spaces, showrooms, retail outlets, and public spaces all located on the panoramic waterfront.

Qatar Chamber has announced that Economic Zones Company “Manateq” would sponsor ‘Made in Qatar 2016’ exhibition as an economic zones partner, according to a press release issued by the Chamber yesterday.

Scheduled to be held between November 6 – 9, 2016 for the first time outside Qatar, the expo will be organized on an area of 10,000 sqm. at the Riyadh International Convention and Exhibition, KSA.

Commenting on the agreement signing, Mr. Fahad Rashid Al Kaabi, Manateq’s CEO, said: “Our participation in this event is aimed at synergizing our capacities and efforts with the various partners and stakeholders in the field of Entrepreneurship and SME Development in Qatar. Being there is also a major opportunity for Manateq to better introduce its portfolio of “Economic Zones” and to highlight their major contribution to the development and growth of SME and private sectors in various fields of the economy, which will eventually translate into a diversified economy on the longer run.”

Al Kaabi pointed out that this participation of “Manateq” in the exhibition is an apparent confirmation from our side on the importance of coordination and communication with our partners and effective institutions in the field of entrepreneurship.

The four-day exhibition aims to attract investment in the manufacturing sector while promoting and showcasing locally manufactured products in Saudi markets.

It also aims to promote Qatar’s industry sector and encourage the use of Qatari products, while updating the Saudi business community on the latest developments in participating sectors.

It also helps provide an opportunity for exhibitors and manufacturers to meet, while directly introducing Qatari products to the Saudi community, and encouraging Saudi businessmen and women to invest in industrial projects in Qatar

Manateq’s unwavering commitment at providing excellence in the Management of Design & Development of its Special Economic Zones has been stamped with a global seal of approval, in accordance with stringent international standards, through an ISO 9001:2008 Certification.

According to the International Organization for Standardization, an ISO 9001:2008 certificate means that an organization has met specific requirements for a quality management system. This includes having demonstrated its ability to consistently provide products and services that meets customer and applicable statutory and regulatory requirements. Furthermore, the organization also aims to enhance customer satisfaction through the effective application of the system, including processes for continual improvement of the system and the assurance of conformity to customer and applicable statutory and regulatory requirements.

The certification was issued to Manateq after a thorough and independent review and audit conducted by TŬV NORD CERT GmbH, a service-provider for comprehensive testing and certification on the basis of national and international specifications and standards for products, services and management systems.

Manateq’s Special Economic Zones, as is its other projects such as Logistics Parks and Warehousing Parks, are aimed at further promoting the growth and development of the private sector in Qatar. These projects are also envisioned to spur further business economic activities in the country and significantly contribute to the achievement of the ‘Economic Development’ pillar of the Qatar National Vision 2030.

“The ISO 9001:2008 Certification is indeed a deserving reward for all the dedication and hard work that the entire management and staff of Manateq has poured into our Special Economic Zones project,” said Mr. Fahad Rashid Al-Kaabi, Chief Executive Officer of Manateq. “This also further strengthens our resolve at Manateq to remain focused and continue to work hard in order to not just meet but actually exceed all of our clients’ expectations.

“As I thank TŬV NORD CERT GmbH for their strict testing and assessment that has enabled us to pass such high international standards, I also wish to congratulate the entire management and staff of Manateq for a job well done,” he added. “Now we can move further ahead into our core business at hand and our vision of becoming Qatar’s trusted provider of Economic Zones by delivering a streamlined range of property and business services to domestic and foreign investors, SME’s and national champions in Qatar, Middle Eastern and international markets.”

As a premium partner of choice, Manateq aims to promote entrepreneurship and innovation through investments towards a sustainable future. With its Client Services Team working tirelessly to assist both local and foreign investors at every stage in order to ensure speedy set-up process of businesses, this is well complemented by a diverse range of strategically located Land and Property solutions that will foster growth amongst small, medium and large enterprises.

Economic Zones Company “Manateq” announced its participation in Qatar International Medical Devices & Healthcare Exhibition and Conferences (QMED), the major medical event in the state of Qatar, as an official partner of the economic zones during the exhibition held from the 2nd to 4th of December at Doha Exhibition and Convention Center ( DECC), on an area of 5.000 m2.

Mr. Fahad Rashid Al-Kaabi, CEO of “Manateq”, stated that such participation in QMED aims to boost the healthcare sector which is considered an important factor in supporting the economy of the state. He added that Manateq concentrates on the economic and industrial development of the medical projects and seeks to be a part of the support and promotion system of the local health industries.

Al-Kaabi asserted that Manateq is fully committed to support the private sector in Qatar as well as enhancing its competitive abilities in healthcare field. He clarified that the company’s interest to support such medical events emerges from its belief in the important role it is playing to serve the local investors and to attract the potential investors outside the state, who aspire to have access to the Qatari market and invest their capitals in the healthcare sector of the state, while the government tends to expand the number of hospitals and diverse medical centers in addition to the establishment of various medical projects.

He referred that Manateq is currently developing three projects at different areas of the state, Um Alhoul that is located near Hamad port and Ras Bufontas that is near Hamad International Airport that attracts different sectors from which industries in the healthcare sector which provides growing opportunities. Private sector, local and international investors can play an important role in developing the healthcare sector through the numerous advantages provided by the projects of “Manateq”, the most important is providing a world class infrastructure in order to facilitate and support many economic sectors, especially the healthcare sector. Moreover, the companies shall benefit from the one stop shop to facilitate all the administrative procedures.

Al-Kaabi said: “by establishing “Manateq” and its diverse advantages and services offered to the investors, I expect that the investments in healthcare sector will be increased in the state of Qatar during the next years and it will exceed the governmental expenditure in such sector. I also expect a rise in local and foreign investments in the healthcare sector through the zones provided by Manateq.

From his side, Khalifa Garoun, the Manager of the exhibition, expressed his appreciation for Manateq for being one of the main sponsors to QMED, He further noted the significance of public and private sector participation in this exhibition to be held in Qatar, for highlighting the priority H.H. Sheikh Tamim Bin Hamad Al Thani, the Emir of Qatar, gives to healthcare sector.

Haroun said: “More than 100 national and international corporates and companies are participating in QMED. They rank amongst the most leading international and regional companies in the field of developing and providing medical devices, and supplies for hospitals and medical laboratories”.

He further stressed the fact that achievements over the past years at all sectors of the country, especially the medical sector receiving tremendous support of H.H. Emir, have been the motivator for organizing such an important event, since Qatar is deemed as the most advanced GCC country in the field of healthcare services. It also accommodates hospitals with various departments duly equipped with the state-of-the-art devices.

He noted that organizing such a conference represents a great opportunity for regional healthcare sector officials, as well as specialists from all over the world, to meet together; thus, creating a competitive atmosphere between such companies to display the state-of-the-art medical services innovations. This would contribute to raise awareness amongst locals and residents of the real healthcare achievements, and the role such achievements will play in improving and developing the lifestyle of both locals and residents on equal footing, with the end goal of promoting the healthcare level.

He said that such a conference marks a great opportunity for highlighting the medical devices available in Qatar and its major role in medical investment. On top of such concerned authorities are the Supreme Council of Health, Primary Health Care Corporation, Aspetar Hospital, Qatar Chamber, Hamad Medical Corporation, Ali bin Ali Medical, the British Ascot Rehabilitationm MMUSA, Bangkok Hospital .

He further indicated that QMED attracts a wide group of medical corporations as well as the leading national and international healthcare entities. It consists of 10 key sectors, the prime of which is the medical devices sector, medical training sector, and medical tourism.