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Home International Customs Qatar

Ruwais ‘port market’ to boost local economy,

byCT Report
11/12/2017
in Qatar
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DOHA: The soon to be opened Ruwais Port Market will not only offer a space for shopping diverse and authentic foreign products, but will emerge as an ideal outlet for the country’s fast-growing local product sector.

As thousands of visitors tour around the market everyday searching for antiques,souvenirs and traditional products, the market will be an ideal spot to showcase local products as well. The market will also help reduce the prices of goods as import, export and re-export will become much easier, said a prominent Qatari businessman who owns a chain of retail outlets across the country.

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Qatar Ports Management Company (Mwani Qatar) recently announced it is overseeing the development of a port market and port expansion project at the Ruwais Port in the northern region of country, which is scheduled to open by the end of this year. The market being developed adjacent to the Ruwais Port will enable customers to buy a wide range of international products from commercial ships calling at port.

Ali Hasan Al Khalaf Chairman of Qatar Consumer Complexes (QCC), said: “Port market is a very good initiative. We have had similar market at Doha Port earlier where many goods from neighbouring countries such as Iran were traded without much hassle.”

Al Khalaf, speaking to The Peninsula, added: “The market located closed to the port will be very good both for local products as well as imported goods, which will allow local customers as well as traders from neighbouring counties to buy quality products at reasonable prices avoiding custom duties and many other formalities.” He noted that the port market can also help boost the re-exporting of processed and semi

processed goods to other countries in the region and beyond in a very effective and cost efficient manner.

 

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