GWC launches Al Wukair Logistics Park Directory

Gulf Warehousing Company has launched ‘Al Wukair Logistics Park Directory’, which coincides with the United Nations Micro, Small and Medium-Sized Enterprises (MSMEs) Day, observed on June 27 every year.This initiative underscores GWC's substantial support for MSMEs and entrepreneurs, offering innovative and tailored solutions to meet the diverse needs of clients from various sectors, thereby solidifying its position as a leader in the logistics industry.Ranjeev Menon, Group CEO, GWC, said, "Al Wukair Logistics Park Directory serves as a platform to boost MSMEs growth and enhance partnerships and alliances within the local market. It aims to empower MSMEs to succeed and achieve their goals, especially following the successful first and second phases of Al Wukair Logistics Park, which attracted a significant number of micro, small, and medium-sized enterprises."This initiative reinforces Qatar's position as a promising and attractive destination for MSMEs. Spreads across 1.5mn square metres, GWC Al Wukair Logistics Park is dedicated to light industry infrastructure required for the operational success of MSMEs. With various light industrial workshops, warehousing units, and open yards, the park has been designed to meet all types of warehousing and distribution requirements for small and medium enterprises.MSMEs play a vital role in the growth of Qatar’s industrial sector. They also contribute to increasing economic diversification away from fossil fuel-dependent sectors. Serving as an incubator to companies that will shape the future, MSMEs is a key sector due to its importance in fostering innovative ideas and economic growth, as well as providing job opportunities and ensuring continuity within revenue cycle. Moreover, this sector has proven its agility and resilience as it can keep pace with any change or new situation, especially within our post-pandemic world.Qatar is currently witnessing a boom in terms of infrastructure, from the metro and highways to the free zones constructed to enhance international trade, as well as Hamad Port and the huge investments in Hamad International Airport.All of these strategic projects have begun to yield positive results, making Qatar an attractive destination for investors from all over the world. Accordingly, developing industrial and logistics zones and facilitating procedures for establishing companies is the next logical step for this strategy.GWC implements a comprehensive strategy to support MSMEs as part of its efforts to promote economic diversification in Qatar. In November 2023, GWC signed a co-operation agreement with Qatar Development Bank (QDB) to support MSMEs.As part of the agreement, GWC provides preferential rates for logistics solutions to businesses affiliated with QDB. It also offers accommodation solutions, logistics consultation services, preferential rates for UPS services to QDB staff and clients, while also exploring future collaboration opportunities related to incubation and acceleration programmes, forums, and events.The third annual GWC Forum, held last year, under the theme ‘Fostering Legacy – Empowering MSMEs in the Digital Era’, was a major success, attracting a high-level audience of experts from government, the private sector, and academia from Qatar and the region.Jassim Karim, managing partner, SSG International Trading, a company operating in Al Wukair Logistics Park, praised GWC for its substantial support to MSMEs, highlighting, "SSG International Trading deals with electromechanical, lighting accessories, mechanical components, and marine products. We chose GWC because it is an absolutely amazing facility with all the highest standards of safety. It is also very economical and accessible for our team, suppliers, and customers”.Toney Thomas, managing director, Luxicor, a luxury Decor services and fit out company also operating in Al Wukair Logistics Park, noted: "The facility has exceptional advantages, the materials available locally, and GWC provides world-class services, making it an ideal place for expansion, growth, and success. Al Wukair Logistics Park offers diverse and promising investment opportunities in the Qatari market”.Al Wukair logistics park offers a one-stop-shop for leasing a warehouse or workshop, company formation formalities, including applications for necessary permits, and logistics operations. Start-ups who work with GWC will benefit from years of local, regional and international experience, along with a global, integrated network.GWC’s deep, hard-earned knowledge of the local market makes Al Wukair Logistics Park the ideal destination for businesses to avail of and enjoy the best logistics infrastructure.According to the United Nations, MSMEs account for 90% of businesses, 60 to 70% of employment and 50% of GDP worldwide. As the backbone of societies everywhere they contribute to local and national economies, MSMEs also hold the potential to transform economies, foster job creation, and promote economic growth.