Doha: Hassad announced a 50% reduction in rent for all commercial activities (stores & barns) in Al-Wakra Central Market, starting from November 1, 2020, for a period of two years.
“This strategic decision aims to support the local livestock sector and its associated activities,” the company said in a statement.
Eng Mohamed Al-Sadah, Hassad CEO, commented, "Contributing in achieving Qatar’s food security always tops Hassad’s strategic goals. Therefore, it is our pleasure to announce a reduction of the rental fees by 50%, for all commercial activities at Al-Wakra Central Market for a period of two years - as we aim to support traders, the local livestock sector and the associated activities”.
Al-Sadah also explained that Hassad has funded the development of the central markets with the aim of establishing integrated marketing platforms, which includes all basic consumer goods, in order to meet the consumers’ needs during their visit to any of the central markets.
Earlier this year, Hassad exempted all tenants in Al-Wakra Central Market and Al-Sailiya Central Market from the rental fees in full, for a period of six months from April to September 2020.