MOCI Announces 53 Investment Opportunities In 2nd Phase Of Umm Salal Central Market
Category: Qatar News
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Doha: The Permanent Committee for Central Markets Management of the Ministry of Commerce and Industry (MOCI), in coordination with the Aswaq for Food Facilities Management Company, a Hassad subsidiary, announced the offering of investment opportunities to rent out stores in the second phase in the central fish market in Umm Salal.

The second phase of the central fish market in the Umm Salal area includes 53 investment opportunities, including barns for display and sale of sheep, and stores for selling vegetables and fruits, in addition to the existing stores that practice the same activities.

It also includes butcheries, selling travel supplies, and selling chilled poultry and their products, in addition to the availability of a veterinary clinic and pharmacy to serve the owners of the barns, and shops for various commercial activities such as the trade of dates and spices, and other commercial activities.

MOCI said that it has worked, in coordination with the Aswaq for Food Facilities Management Company, to achieve great benefit for tenants and consumers by setting up a mechanism that allows the tenant to obtain good investment by granting him an adequate rental price while adhering to some conditions and considerations that will maintain the continuity of the new central markets and their success, and at the same time providing the opportunity for the consumer to obtain his basic needs of goods and services at competitive prices.

MOCI has set operating standards and requirements for determining the value of rents for commercial activities in the market, for the lease period to be two years renewable for a similar period, provide a guaranteed check for one month of the rent and (24) checks in the name of Aswaq for Food Facilities Management Company, the ability to provide products permanently, the commercial activity recorded in the commercial registry is in line with the activity for which it is submitted, and that the trader has experience in the activity submitted to him.

The Ministry clarified the documents and requirements required to apply for obtaining investment opportunities, including submitting a copy of a valid commercial register, a copy of a valid commercial license (if any), a copy of the establishment's registration (if any), a copy of the identity card, and an experience of no less than two years inactivity and submission of evidence.

As for the commercial activity related to sheep barns, breeders must present all the abovementioned documents as well as a certificate of possession and a farm certificate from the Livestock Department at the Ministry of Municipality and Environment, while traders must also submit a certificate of inclusion from the same administration.

MOCI indicated the steps for submitting applications to obtain a commercial activity in the market, pointing out that the application will be submitted online via www.moci.gov.qa, through the following link https://www.aswaq.com.qa/ar/shop-registration, which will be activated on Tuesday, Oct. 6 until Oct. 20, while the draw will be conducted via videoconferencing on Nov. 5 and the results will be announced Nov. 8.
The Ministry specified the tenants' obligations that the tenant begins practicing the designated activity within a month from the allocation date, and in the event of non-compliance, the shop is referred to the first substitute winner, and if the substitute does not respond or is delayed for a month from the date of its notification, the shop is referred to the second alternative winner.

The tenant must also fulfill the financial obligations on time specified in the contract, adhere to the provisions of the general regulations for the work of the market, and be committed to providing products on an ongoing basis at the high quality, in addition to committing to public cleanliness, uniforms to the market, working times, not to sub-lease, and compliance with any other requirements or controls set by the market administration.

MOCI noted that if the tenant does not comply with the aforementioned clauses, the necessary measures will be taken, as the contract will be canceled and the shop vacated (according to what is mentioned in the contract), and imposing a fine (as in the contract), including cashing the bank guarantee check, without the right to claim it back.

 

SOURCE: THEPENINSULAQATAR

06 Oct, 2020 0 462
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