DOHA: The Central Market in Doha comprising livestock, fish, fruit and vegetable markets would be closed down in less than three years as authorities plan to set up new markets in the outskirts of the city.
State-owned Hassad Food is working on a plan to establish a new livestock market in Umm Al Uwaina, south of Salwa Road, and central markets in Umm Salal,
Al Wakra and Rayyan, a senior company official told a session of the Central Municipal Council (CMC) yesterday.
Nasser bin Mohammed
Al Hajari, chairman of Hassad’s board of directors, told the CMC that the new markets will be ready in 28 months. The existing central market will be shuttered once the new facilities open, he added.
The new markets to be constructed at a cost of QR300m will have state-of-the-art slaughter houses, and facilities to sell vegetable, fruit and fish.
The official said Hassad’s proposed poultry project is intended to provide the local market with an additional 15,000 tonnes of chicken. He said the company wants to own and develop international agricultural companies to promote food security.
The company has approved huge investments abroad worth more than $1bn in countries including Australia, Sudan, and Egypt. Hassad will raise its capital to $6bn if needed, said
Al Hajari. The Peninsula