The new central market in Umm Salal will become operational in the end of first quarter of 2017, offering people basic food items at competitive prices. The Ministry of Economy and Commerce (MEC), yesterday announced investment opportunities within the facility, mainly the fish outlets.
The Ministry will lease spaces at the Central Fish Market in Umm Salal for two years and it can be renewed for a similar period once expired.
Application can be downloaded from the Ministry's website and submitted at the MEC premise, between today till December 22. The winners will be announced on January 29, 2017. In case of increased number of applicants, three applicants will be selected and two of them will be kept as reserve tenant. The market includes space for selling fish, abattoir and related facilities including auction areas and ice factory.
The investment opportunity offered in the market includes 10 shops to sell fish, a sea food restaurant apart from a cafeteria and a restaurant for visitors.
Some six shops, including four for whole sale and two for retail, will be dedicated for vegetable and fruits. A plant nursery space is also available.
Also 10 shop spaces for various other services are also available. This includes four for selling meat and livestock products, three for poultry products including frozen and three for juice and dairy products.
Other facility includes space for distributing and selling fodder, and whole sale food stuffs. There will also be shops for selling coffee, honey, nuts and other spices. There will be shops supplying marine equipment in addition to administration offices. The ministry has stressed that the investors taking the space on lease are obliged to provide quality products at competitive prices. They are not allowed to sub-lease the space and should follow the timing, hygiene rules and uniform of the market.
Investor is obliged to open the facility with in one month of receiving the shops. The ministry has allocated QR40,000 for the investor to help with equipping and furnishing some of the shops.
Applicants should provide qualifying documents as valid commercial registration and have a previous experience not less than two years in running similar facility. The Umm Salal fish market is expected to promote trade and agricultural growth in the area. The Ministry is establishing similar facilities in different parts of the country to enhance the marketing of local products. The project when accomplished will make daily life easier to residents and expats through helping them with the proximity of the services provided. The project is in line with the Qatari national Vision 2030 in creating a sustainable economic environment.
