The Ministry of Commerce and Industry (MoCI), in collaboration with the Qatari Economic Zones Company (Manateq), has announced a reduction in land leasing rates of up to 50% at the Manateq-operated industrial, logistics, and commercial zones.

The decision applies to the following zones: Jery Al Samur Logistics Park, Small and Medium Industries Zone, Al Wakra Logistics Park, Aba Saleel Logistics Park, Mesaieed Industrial Zone, and Birkat Al Awamer Logistics Park.

The new rates apply immediately, and will stay in effect for five years until further review.

The revised rates are as follows:

•Industrial zones: QR5 per square meter a year (versus an earlier rate of QR10)

•Logistics parks: QR15 per square meter a year (versus QR20)

•Commercial plots: QR50 per square meter a year (versus QR100)

The Ministry and Manateq assessed that the initiative benefits over 4,000 investors and is a crucial step in strengthening Qatar’s business ecosystem.

The initiative underscores the commitment of the Ministry and Manateq to deliver competitive investment solutions that solidify Qatar’s position as a leading regional hub for trade, industry, and logistics services. Such attractive incentives will stimulate business growth, support local investors, and contribute to economic diversification in line with the Third National Development Strategy 2024–2030, the final phase of Qatar National Vision 2030.

HE Mohammed bin Hassan Al Malki, Undersecretary of the Ministry of Commerce and Industry and Chairman of Manateq, pointed out that reducing lease rates for industrial, logistics, and commercial areas at Manateq-operated zones reflects the Ministry’s commitment to supporting the private sector and fostering an investment-friendly environment, in fulfilment of Qatar’s National Manufacturing Strategy 2024-2030.

Al Malki added: "The decision is part of ongoing endeavours aimed to enhance the competitiveness of local products and the attractiveness of industrial and logistics zones. It contributes to achieving sustainable development and supports economic diversification in line with Qatar National Vision 2030."

Saleh Majed Al-Khulaifi, Assistant Undersecretary for Industrial Affairs and Business Development at the Ministry of Commerce and Industry, said: "The initiative is part of the Ministry’s broader strategy focused on enhancing the investment environment countrywide. Reducing lease cost is a pivotal step in supporting investors, lowering operational expenses, and increasing the competitiveness of Qatari products in regional and global markets."

On his part, Eng Mohammed Lutfalla Al Emadi, CEO of Manateq, highlighted the company’s role in supporting economic development and attracting investment, stating: "At Manateq, empowering investors is at the core of our strategy. We offer a world-class business environment and strategically-located sites with competitive lease rates. This initiative reflects our continued efforts to enable investors to succeed and expand in Qatar. We are confident that this move will encourage more investments and strengthen national industrial and logistics sectors."

Manateq operates various projects with the aim of promoting economic diversification and drawing local and international investments, e.g. industrial zones, logistics parks, and warehouses.

Manateq’s zones are developed to the highest standards to cater to diverse industrial needs, offering strategic locations with seamless access to regional and global markets, advanced infrastructure, and comprehensive support services, whereby constituting ideal destinations for investors seeking sustainable expansion opportunities.