PRIME MINISTER INAUGURATES JAHIZ1 PROJECT -1-

For his part, CEO of Qatar Development Bank (QDB) Abdulaziz bin Nasser Al Khalifa delivered a speech in which he said that Jahiz1 project represents an episode of the successes achieved by Qatari entrepreneurs.

He pointed to QDB support through its various services to Qatari entrepreneurs and to the small and medium enterprises from the idea stage.

He said that QDB is effectively working, in cooperation with the Ministry of Economy and Commerce, to include a national framework for small and medium enterprises within the 2017-2022 National Plan.

The bank will soon launch Jahiz2 initiative that supports food and beverage sector, with an estimated total investment value of more than QR180 million, he said, adding that this initiative will provide ready-built industrial facilities to establish industrial projects in this sector.

After that, an introductory film about the Jahiz1 project was screened.

Jahiz1 project is an initiative of Qatar Development Bank to rent industrial facilities ready in order to pave the way for the entry of more new SMEs in technological, innovative and eco-friendly industries, and in line with efforts to accelerate the development of the Qatari private sector and diversify the economy.

Qatar Development Bank provides an opportunity to rent ready built industrial facilities for manufacture within the Jahiz1 project. Plots will be provided on monthly lease of 5-year in many sectors. (QNA)

Source: Qatar News Agency

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