KUWAIT CITY, May 2: Al-Qurain Commercial City is ready for the official opening of its activities, considering the enormous response from various investors during the introductory phase, General Manager of the City Nasser Abdul-Rahman was recently quoted as saying. Affirming the City has succeeded in attracting a large number of major local, regional and international companies in various fields, Abdul-Rahman said this was possible through the diverse activities and facilities offered to commercial, service and vocational sectors. He confirmed the City is the first vocational, service and commercial center that can attract such a large quantity of dynamic young investors. Abdul-Rahman pointed out the huge facilities provided to assist various sectors, ensure free trade and expansion of their present activities, are major factors that are contributing to the City’s success. He stated some developments took place recently to fast-track the official opening and increased the level of work on the first phase, confirming some big companies, as well as service and commercial centers, have completed the necessary preparations for take off. “The City also attracted several banks like the Gulf Bank, International Bank of Kuwait and Burgan Bank among others, within a short period,” he revealed.
Besides the banks, Abdul-Rahman announced the City has also attracted leading electronic companies like Al-Babtain Electronics Company, LG and many others. The City boasts of reputable shopping malls such as Lulu Hypermarket, which is planning to open the largest mall in the Middle East, Ramez Supermarket, and Ittihad Trading Company.
Services offered in the City include insurance companies like Gulf Insurance, Kuwait Insurance, Ain Takafuli Insurance, Ahlea Insurance and Warba Insurance, just to mention a few. In the communications sector, Future Communications Company, Barrak International Center Company, Extreme Communications, Kuwait Tele Scene, Jamal, Telephone 2000, Red Line and Orbit Phone, are also available to provide services. Money exchange companies are not left out of the action as Al-Muzaini and UAE Exchange companies have taken the lead.
The City also attracted several catering service companies and restaurants like Starbucks, Gloria Jeans Café, Great Stick, Naif Chicken Restaurant, Burger King, Shrimpy, DC Fried Chicken, Zaid Al-Zad Restaurant, Sahran, Babek, Noodles, Sara Cake, Da’wat, Zafran, in addition to many other popular local and international names.
Companies in the perfume sector that have secured spaces in the City include Abdul-Samad Al-Qarshi Company and Al-Marjah Perfume (Royal Fezaa and Royal Diwan). Other interesting investors that have prepared their structures in the City are Al-Kout Newspaper, American Mattress Guide Company, Hamed Al-Osaimi Sons Medical Equipment Company, Dakhil Al-Jassar, Al-Manar Trading and Contracting Company, Hayek Furniture, Modern, UC Consultancy Company and International Sports Equipment Company. Numerous other notable companies, especially in the car imports sector, have also obtained spaces that will be developed soon to offer various services.
Stressing the City recognizes the Kuwaiti culture and norms, Abdul-Rahman said a particular area for women has been allocated, including sections for gold, perfumes, accessories, watches, cosmetics, garments, veils, tailoring, workshops, gifts and hair salons. The City has sections for exterior and interior decorations where companies dealing in furniture, carpets and others are located, in addition to complexes for housing decoration materials, building materials, electrical appliances, aluminum, sewage materials, household items and telephone accessories.
Consumers will also have access to wholesale centers for vegetables, fruits, meat, fish, confectioneries and dates. The City will also include other malls in which customers will find offices for engineering, real estate, travel agencies, law firms and warehousing. The interests of male consumers were also taken into consideration as there are sections for men’s wear, tailors, sports wear, fishing and hunting materials.
Abdul-Rahman added the City can accommodate over 100 activities in trade, vocation, manufacturing, service, banking, finance, insurance, mobile phones, garments, medical equipment, spare parts, car accessories, consumer supermarkets, training institutes, building materials and paints, electronics, computers, traditional dresses, tourism, confectioneries and numerous other activities that have been mentioned earlier.
Gold Hub
Abdul-Rahman disclosed the management of the City is planning to convert a certain area into a regional gold hub in which gold will be manufactured and traded in large quantities. This is due to several promising facilities that can support the plan within the next five years. The City will collaborate with major local gold traders and manufacturers to create conducive environment for the realization of this noble idea. He said the City will organize gold exhibitions to promote its services and actualize its objectives. The international gold exhibitions are expected to generate over $100 million sales as several personalities from various parts of the world have expressed their interest in such events. Participants will include manufactures and traders of jewelry, diamond, pearl and other precious stones.
No comments:
Post a Comment