Gulf Warehousing Company has announced that the first phase of its Logistics Village Qatar (LVQ) project will start operations by January 2011.
In the first phase, about 70,300 sq m of “large warehouses”, which allow optimum storage with height reaching 13.5mts, are being developed. The warehouse area will range between 4,000sqm and 33,000sqm.
On completion, Logistics Village Qatar will span an area of 1mn sq m.
To cater to the small and medium sized businesses, the 12,870 sq m of “multi purpose warehouses” are master planned to facilitate efficiency of operations and future expansion with options to expand from 615 sq m to 3,600 sq m.
LVQ also provides readily-available staff accommodation to house some 1,552 senior and junior staff, ensuring a “quality living experience” closer to their workplaces.
The operational frontlines are backed up by comprehensive infrastructure including waste water, water supply and high voltage networks, fire fighting system and fibre optic for internet connectivity, data centre, security systems and access controlled gates.
investors value through business synergies, economies of scale and strong supporting infrastructure
We are excited about this project and convinced that this will change the dimensions of how logistics infrastructure is perceived in Qatar. We are extremely pleased with the progress of the construction and are all set to go-live early next year.
(18/10/2006) GULF WAREHOUSING COMPANY SUCCESSFULLY ACHIEVED THE SUBSCRIPTION PROCESS RELATING TO THE CAPITAL INCREASING
Gulf Warehousing Company announced on 18/10/2006 that the subscription process relating to the capital increasing which has been managed by Qatar National Bank has been successfully achieved.
Taking into consideration that the number of shares that have been offered is 12,000,000 which is equal to (QAR 180,000,000) and number of shares subscribed is 19738365, total number of sums received is 296075475, percentage of capital coverage is 164.49%, number of subscribers are 4441. The total percentage amount to 41.52%
Qatar National Bank shall refund the surplus sums in the customer accounts and return checks relating to these sums at the customers register PO addresses.
Shares allocated to shareholders shall be added to their record in Doha Securities Market after Lesser Bairam vacation.
The Ministry of Trade ad Economy agreed to the right issue of additional shares at QR15 instead of QR25.The subscriptions commence
Sunday 1-15/10/2006 through Qatar National Bank.
(26/09/2006) الاكتتاب زيادة رأس مال شركة الخليج للمخازن
تمت الموافقة من قبل وزارة الأقتصاد والتجارة بتاريخ 26/09/2006 على تخفيض قيمة السهم من 25 ليكون 15 ريال قطري (10 قيمة اسمية + 5 علاوة إصدار).
علماً بإن الاكتتاب سيبدأ الأحد الموافق 1/10/2006 وسيدير عملية الاكتتاب بنك قطر الوطني.
Gulf Warehousing Company hereby declares that it has won A transportation Contract with future Pipes Industries Company for transportation of Pipes from its factory located at new industrial area to Ras Lafan industrial city.
The Contract value is 7,200,000 Q.R (Seven Million and Two Hundred Thousand Qatari Riyal).
(10/08/2006) GULF WAREHOUSING SIGNS A CONTRACT WITH (THE LEADING SHIPPING COMPANY) MAERSK
Gulf warehousing Co. announced that that they officially singed a contract with (the leading shipping company) Maersk – Qatar to provide container haulage services within Qatar.
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