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Launch of $ 2 billion Smart Industrial City project in Doha

Subscribers in line during Masraf Al-Rayan  IPO in Doha Exchange Centre

Qatar’s newest bank, Masraf Al-Rayan launched a US$ 2 billion Smart Industrial City (SIC) in Doha, covering five sq km, and considered to be the first of its kind in the Gulf region. The announcement came during a press conference held on Monday 9 October 2006 by the bank, following the signing of a feasibility study contract with Singapore-based Jurong International.

 

Al-Rayan Chairman Hussain Al-Abdullah termed the project as a 21st century model for IT and high-tech services, pointing out that the main focus will be on providing services as a hub for technology-based industries in Qatar and the GCC bloc. The targeted areas will be semi-conductors, information, communication, media & entertainment, pharmaceuticals, aerospace, off-shore engineering and automotive industries.

 

The various elements for the city will also include an electronics sales and exhibition centre, a facility for the study of improved use of materials, systems and techniques in information security and a “Future City” that will provide public exhibitions on domestic and industrial technologies. The compound will also include a renewable energies centre specialized in developing new industrial techniques such as solar energy, waste biological treatment of recycling and fuel cell technology.

 

SIC is expected to provide comprehensive support for companies in terms of logistics, trading and other services, including accommodation, entertainment and port facilities. It aims to attract companies of all sizes from multinationals to niche R&D and servicing companies.

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Events of January 2018
  Event Organizer From To
1 The Fourth Doha Islamic Finance Conference Bait Al Mashura & Qatar Financial Center 2018 / 01 / 09 2018 / 01 / 09
2 The 2th Q-PEM Hamad Medical Corporation 2018 / 01 / 12 2018 / 01 / 14
3 Expo Turkey by Qatar MC Fair Organization 2018 / 01 / 17 2018 / 01 / 19
4 International Customs Day General Authority of Customs 2018 / 01 / 25 2018 / 01 / 25
5 Heidelberg Conference in Doha Hamad Medical Corporation 2018 / 01 / 26 2018 / 01 / 27