Qatar's SMEs to have
own industrial zones
and medium scale enterprises (SMEs) are to have their own industrial
zones according to Minister of Energy and Industry, Abdulla bin
Hamad Al Attiyah. The local Press quoted Al Attiyah as telling
members of the Qatar Chamber of Commerce and Industry (QCCI) that a
one million square metre zone had been set aside in the country's
southern industrial city of Mesaieed and a second zone, four times
larger, is being planned.
According to Al Attiyah, several companies involved in the
manufacture of readymix, asphalt and other construction materials
have already been allocated plots in the first phase. "The energy
and industry ministry is laying ample emphasis on SMEs as they hold
the key to making the country's strategic economic diversification
plan a success," he told the QCCI.
The minister was meeting with QCCI members to address their concerns
over problems facing — or perceived to be facing — the private
sector. He has regularly stressed the importance of the private
sector in the country's development and urged more Qataris to enter
the sector, which is continuing to attract foreign investment.
Al Attiyah said
his ministry had issued 192 new industrial licences during the first
half of 2006, for projects with capital expenditure expected to be
in the region of QR5billion. The new licences are in addition to the
486 industrial units employing 33,000 people that are already
registered with the ministry.
capital, reports quoted Al Attiyah as saying, amount to
QR37.7billion and their annual production QR11.6billion. QCCI
members have, however, put forward a request for preferential energy
rates to make Qatari companies more competitive in terms of price.
They say local manufacturing units are facing increased competition
from other Arab countries and also those of East Africa.
Al Attiyah said that Qatar Petroleum
(QP), of which he is also the chairman, tried to ensure that private
Qatari companies got a fair percentage of QP contracts. However, it
is evident from the figures quoted that it is the small contracts
which go to the local companies. Al Attiyah reportedly told the QCCI
that of the 1,063 contracts signed by QP since 2003, 75 per cent
(794) had gone to local Qatari companies.
Japan's Marubeni to build 2.3 bln usd Qatar power plant
TOKYO (XFN-ASIA) - Japanese trading house Marubeni Corp said it had
won the right to build one of the world's largest independent power
producer projects in Qatar valued at 2.3 bln usd.
Marubeni will take a 40 pct stake in the
thermal power plant. Qatar Electricity and Water Co will also have a
40 pct interest, with Qatar Petroleum holding the remaining 20 pct,
Marubeni said it will complete construction
of the plant in Mesaieed by April 2010 and will manage it for 25
Marubeni said the 2,000 MW plant is one of
the world's biggest so-called independent power producer projects (IPP)
-- a private generator that sells power to utility companies.
'The Middle East is a major business area
for our company besides Asia and overseas IPPs are one of the
focuses of our business,' a Marubeni spokesman said.
Oil-rich Qatar is witnessing a construction
boom, part of which started in preparations for the Asian Games this
Marubeni is also
working in Qatar on a 250-mln-usd contract to expand sewage