(MENAFN- The Peninsula) Doha: The Permanent Committee for Central Markets Management of the Ministry of Commerce and Industry (MoCI) has conducted a raffle draw to rent out stores of second phase in the Central Fish Market in Umm Salal.
The raffle draw has been held in coordination with the Aswaq for Food Facilities Management Company, a Hassad subsidiary, said MoCI in a statement on its website.
The winners of raffle draw accounted 40 investors for 13 different types of commercial activities. A total of 114 applications were submitted for raffle draw, of which 70 qualified, while 44 applications were excluded for not meeting the required conditions.
The Permanent Committee for Central Markets Management said that the winners will be communicated to inform them about rules and regulations for the functioning of the market and the signing of contracts. The Committee had announced the offer of investment opportunities to rent out stores in the second phase in the central fish market in Umm Salal.
The second phase of the central fish market in the Umm Salal area includes 53 investment opportunities, including barns for display and sale of sheep, and stores for selling vegetables and fruits, in addition to the existing stores that practice the same activities.
It also includes butcheries, selling travel supplies, and selling chilled poultry and their products, in addition to the availability of a veterinary clinic and pharmacy to serve the owners of the barns, and shops for various commercial activities such as the trade of dates and spices, and other commercial activities.
MoCI said that it has worked in coordination with the Aswaq for Food Facilities Management Company to achieve great benefit for tenants and consumers.
MoCI has set operating standards and requirements for determining the value of rents for commercial activities in the market, for the lease period to be two years, renewable for a similar period, provide a guaranteed cheque for one month of the rent and 24 cheques in the name of Aswaq for Food Facilities Management Company, the ability to provide products permanently.
The Ministry specified the tenants' obligations that the tenant begins practising the designated activity within a month from the allocation date, and in the event of non-compliance, the shop is referred to the first substitute winner, and if the substitute does not respond or is delayed for a month from the date of its notification, the shop is referred to the second alternative winner.
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