By Eslam Salem
Doha – Mubasher: Qatar Industrial Manufacturing Company (QIMC) intends to launch a tender for the construction of a warehouse for chemical products at a total value of QAR 70 million in Ras Lafan this year, according to the chief executive.
The new warehouse will serve outstanding projects in Ras Lafan industrial zone, CEO Abdulrahman Alansari told reporters, adding that the project is scheduled for completion by 2018.
The Doha-listed company has obtained all required approvals from competent authorities to build its tower in Al-Khaleej Al-Gharbi area at a cost of up to QAR 1 billion.
Earlier today, QIMC shareholders approved the board's recommendation to distribute cash dividend for FY15 at 30% of stock par value, or QAR 3 per share.
Translated by Sayed Abdel Rahman
