By Staff writer
Qatar-based bank hires expertise from the Far East to carry out feasibility study
Singaporean consultant Jurong International has been hired by Masraf Al Rayan to prepare a feasibility study for the US $2 billion (QR7.3 billion) Smart Industrial City in Qatar.
Spread over 5km2, the project will focus on the electronics, technology and manufacturing sectors.
Dr Hussain Al Abdulla, chairman, Masraf Al Rayan, said: “This unique city, designed to cater for the current demands and future developments of a number of specific industrial sectors, will boast intelligent technology integrated with a state-of-the-art industrial platform.
“In addition to accommodating local, regional and global electronics, technology and manufacturing companies, the city will also house concentrations for other innovation-led industries.”
He added that the project’s emphasis will be on progressive research for future industrial and domestic technologies and will ensure Qatar’s leading role in industrial development in the region.
Furthermore it will be developed with a view to enhancing the contribution of technology in protecting the environment.
Esam Janahi, vice-chairman, Masraf Al Rayan, said that a regional assessment was undertaken on the necessity of such a city and an array of key potential components were identified.
These include semi-conductors, information communication, media and entertainment, lifestyle entertainment, pharmaceuticals, aerospace, offshore engineering and automotive industries.
The city will also include a ‘World of Electronics’ sales and exhibition centre, a facility for the study of improved use of materials, systems and techniques in information security, and ‘Future City’, which will hold public exhibitions on the uses, history and future of domestic, industrial and information technology.For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.