On February 4, 2025, the Ministry of Commerce and Industry, in partnership with “Manateq,” announced a significant reduction of up to 50% in leasing rates for industrial, logistics, and commercial zones over the next five years. This initiative is set to benefit more than 4,000 investors, making these essential areas more affordable for business operations.
The Ministry of Commerce and Industry, in collaboration with "Manateq", announces a reduction of up to 50% in industrial, logistics, and commercial zones leasing rates for five years.
— وزارة التجارة والصناعة (@MOCIQatar) February 4, 2025
This decision reflects the Ministry of Commerce and Industry and Manateq's commitment to… pic.twitter.com/PCBDO07I6a
This decision reflects a strong commitment to fostering economic growth in Qatar. By lowering leasing costs, the Ministry and Manateq aim to enhance the private sector’s role, stimulate entrepreneurship, and attract investment in key industries.
The revised leasing rates are as follows:
Activity | Previous Rate | Revised Rate |
---|---|---|
Industrial Zones | QR 10/sqm | QR 5/sqm/year |
Logistics Parks | QR 20/sqm | QR 15/sqm/year |
Commercial Zones | QR 100/sqm | QR 50/sqm/year |
This initiative not only provides financial relief but also aims to create a more vibrant business environment, encouraging growth and innovation across various sectors in Qatar.
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