Qatar’s Barwa Real Estate has won a QAR750 million ($206 million) contract from a government company to build and operate low cost-warehouses, Barwa said.
The 25-year arrangement was awarded by state-owned Manateq, according to a statement to Doha’s bourse. It did not state how many warehouses Barwa would build but did say the construction would take place within a two-year period.
Manateq develops and operates specialized economic zones in Qatar, with the aim of providing infrastructure to help the development of private sector business, according to its website.
Gulf Business
16 December
