Qatar: GAC to Set Up New Logistics Facility in Free Zone

Qatar: GAC to Set Up New Logistics Facility in Free Zone

GAC, one of the largest integrated providers of shipping, logistics and marine services in the region and the world, said it has signed an agreement with Qatar Free Zones Authority (QFZA) to establish a contract logistics facility and office in the Ras Bufontas Free Zone. Due for completion in the first quarter of 2022, the purpose-built 27, 000 sq m multi-user contract logistics facility is being built from sustainable materials, partly fueled by solar power. It will boast several energy-saving features and use recycled water in its operations. The warehouse will serve key sectors including fast-moving consumer goods (FMCG), food & beverage (F&B), fashion, sports, energy, aerospace and healthcare. The agreement with GAC will play an important role in expanding the logistics offerings for QFZA and Qatar, thus strengthening supply chains and bolstering the country's position as a global hub for trade, remarked Lim Meng Hui, the Chief Executive Officer of QFZA after signing the deal with Björn Engblom, GAC Group Executive Chairman and Trustee (via video conference) in the presence of Ahmad bin Mohammed Al Sayed, the Minister of State and Chairman of QFZA and Deputy CEO Abdulla Al Misnad. GAC's marine and offshore services will be well supported