In the Name of ALLAH, the Most Gracious, the Most Merciful 2 QIMC Annual Report 2018 3 5 6 7 8 9 10 11 20 21 24 26 27

In the Name of ALLAH, The Most Gracious, The Most Merciful 2 QIMC Annual Report 2018 3 5 6 7 8 9 10 11 20 21 24 26 27

4 QIMC Annual Report 2018 About QIMC and its Investment Policy

Qatar Industrial Manufacturing Company the company’s share capital for the year 2013. This a number of other projects in collaboration with (QIMC) was established in 1990 with 20:80 amendment increased the Company’s share paid- other local and foreign interested parties. government-private equity interests respectively. up capital to QR 475.2 million, distributed over The establishment of QIMC was in fact a clear 47,520,000 shares, having a nominal value per QIMC’s investment strategy is essentially driven manifestation of the particular attention given share of QR 10, as in 31st December 2014. by the fundamental principle of investing in by the State of Qatar to the issue of the private economically viable industrial projects that utilize sector participation in the process of the country’s QIMC started business in May 1990, only to locally/regionally available natural resources/ economic development through investment in become within a short period of time, one of the intermediate products. QIMC also views its small and medium scale industries. pioneering companies in the field of small and investment activity in the wider economic medium scale industries in Qatar. Far from being development context, and for that reason, it QIMC’s initial authorised capital was set at 200 confined to the State of Qatar,QIMC ‘s activities strives to maximize the macroeconomic benefits million QR (US$ 55 million), and was fully paid by have extended to other GCC countries such as resulting from its investment activity to the 2002. In 2006, capital was increased by 50% to Saudi Arabia and Oman. national economy in terms of employment 300 millions QR. In 2009. capital was increased opportunities for the national labour force, by 20% to 360 QR million. In 2010, capital was Currently, QIMC has equity interest in 18 transfer of modern technology and contribution further increased by 10% to 396 millions QR. operational projects in diverse industrial sectors to the country’s balance of trade. including chemicals, petrochemicals, construction The Extra-ordinary General Assembly of QIMC materials and food processing, while one more QIMC welcomes the participation of all investors held on the 2nd March 2014, approved the project is under commissioning. QIMC is also and technology know-how holders in joint distribution of bonus shares equivalent to 20% of currently investigating the economic feasibility of ventures in viable medium sized projects.

5 Board of Directors

Sheikh Abdulrahman Nasser Rashid Al-Kaabi Bin Mohammad Vice Chairman Bin Jabor Al-Thani Chairman

Former board members

Abdulghani Nasser Ali Bin Khalifa Al-Attia (1990 - 1993) (1995 - 1999)

Jassim Al-Jaidah Abdulhadi Bin Nayfa Al-Shahwani (1990 - 1995) (1990 - 2001)

Abdulaziz H. Salat Ali Hassan Al-Khalaf Sheikh Rashid A.M. Al-Thani Saad M.S.J. Al-Rumaihi Abdullla M. Shamsan Al-Saada (1990 - 1995) (1990 - 2001) Board Member Board Member Board Member

Said Bin Abdul Aziz Al-Nasser Mohamed Marzouq Al-Shamlan (1990 - 1995) (1995 - 2001)

Majid S. Al-Khulaifi Mohamed Khalifa A. Turki Al-Subai (1990 - 1995) (1998 - 2001)

Mohamed Khalaf Al-Kabi Ali Yousuf Hussain Kamal (1990 - 1995) (2010 - 2012)

Nasser Abdulghani Nasser Khalifa Al Sowaidi (1993 - 1995) (2001 - 2016)

H.E. Ali Mohamed Al-Khater Ahmad Ali I.M. Bokshaisha Abdulrahman F. Al Mudahka Abdul Mohsin Yousuf Al-Mana Abdulla Ali Al-Abdulla (1995 - 1997) (2001 - 2016) Board Member Board Member Board Member Abdul Aziz Y. Al-Khulaifi (1995 - 2001)

Mohamed Khalid A. I. Mannai Ahmed Y. Kamal Board Member Board Member

6 QIMC Annual Report 2018 Key Personnel

Sheikh Abdulrahman Abdul Rahman A. Al-Ansari Bin Mohammad Chief Executive Officer Bin Jabor Al-Thani Chairman

Dr. Hazim T. Al-Kadi Dr. Farouk A.N. Jabur Aktham Y. Al-Baqali Director Projects Department Director Invest. & Follw-up Dept. Director Admin. & Finance

Dr. Adam El-Mustafa Omar Sami Abdul Mohsen Al-Hawaj Ahmed H. Abou Hamda Abdulla Khalaf Al-Josaiman General Counsel & Board Secretary Industrial Expert Projects Dept. Planning Engineer Manager Purchase & P.R.

Johan Muller Jochen A. Schmid Ramy Derar Project Director Director of Hospitality Senior Engineer

7 Chairman’s Message

Dear Shareholders

The year 2018 was yet again an year of robust performance for available raw materials and consumables.. One such project is the “Qatar Industrial Manufacturing Co. (QIMC)”, in regard to operating glass bottles factory being set up at a cost of QR230 million. The business units, projects under development as well as well as our actual production will begin in the first quarter of 2021. search for new opportunities in the market, by collaborating with our associates and other companies, whose vision is aligned with In the area of real estate investment, QIMC signed contract with the our core interests. In this respect, our best efforts continued during main contractor to build the headquarters of the Company (QIMC the year to meet the needs of the local consumers for different Towers) at a cost of QR1.2 billion. This project is expected to be industrial and consumer products, while also exporting Qatari completed by 2020. products to the international market. Our group company “Qatar Aluminium Extrusion Company” succeeded in exporting aluminum For the purpose of supporting the group companies locally and profiles to Jordan, Palestine, Algeria, Tunisia, Morocco, Belgium, the abroad, QIMC marked its distinctive attendance in a number of Netherlands, Australia and Canada, while Amiantit Qatar Pipes Co.” exhibitions, trade fairs and other business events, both local, regional. and “Sarplast Qatar” exported their products to Sultanate of Oman, This further demonstrated its well-rooted faith in the importance of Kuwait, Iraq, Malaysia, Philippines, Uzbekistan, Spain and Germany. highlighting the Qatari industry in the international forums and in promoting its affiliated and associated companies. “Qatar Paving One of the most remarkable recent achievements of the Company Stones Co.” and “National Paper Industries Co.” received recently the is the highly successful execution of KLJ Organic-Qatar project in State Appreciation Award for industrial companies. Mesaieed Industrial Area, which forms a quality addition to the medium and large manufacturing units in the private sector in Finally, I take the opportunity to express my fullest respect and Qatar State. The experimental production of this factory began in appreciation to His Highness the Emir Sheikh Tamim Bin Hamad Al- December 2018. Thani, His Excellency Sheikh Abdullah Bin Nasser Al Thani, Minister of Interior, His Excellency Mr. Ali bin Ahmed Al Kuwari, Minister of As a part of our organic growth strategy, QIMC has completed the Commerce and Industry, His Excellency Mr. Saad bin Sherida Al- acquisition of the foreign partner’s share in “Qatar Plastic Products Kaabi, Minister of State for Energy affairs, and to all Ministers in Company”, thereby taking our share in the thriving company to of the Honorable Government for their continuous support for the 66.7% of the total capital. progress and prosperity in this State. I also express my thanks to all governmental and semi-governmental institutions, valued partners, In our continued search for new promising industrial projects, customers and shareholders for their continued patronage to the QIMC signed a number of agreements and memorandums of Company to achieve its great goals and aspirations. understanding with local and international companies, in order to develop a number of joint industrial projects that make use of locally Sheikh/Abdul Rahman Bin Mohammed Bin Jabor Al-Thani Chairman

8 QIMC Annual Report 2018 Financial Performance at a Glance

Net Profits and Dividends Shareholders Equity

Net Profits Dividends

9 Investment by Sector

45% Chemicals and Metallurgy

41% Construction and Building Materials

8% Energy

5% Paper, Plastic and Wood

1% Food Products

10 QIMC Annual Report 2018 CONSTRUCTION and BUILDING MATERIALS

QIMC - 100% QIMC - 100%

Qatar Sand Treatment Plant Qatar Paving Stones QSTP is wholly owned by Qatar Industrial Manufacturing Company QPS is wholly owned by Qatar Industrial Manufacturing Company (QIMC). The main activity of the company is to produce treated (QIMC). It produce premium quality Paving Stones and kerb Stones of (washed) sand for construction and agricultural uses. all colours and patterns, besides high quality masonry blocks.

Total investment : QRs. 125 million Total investment : QRs. 80 million Production Date : October 1992 Production Date : H1, 2009 Capacity of plant : 12 million tons / year washed sand Capacity of plant : 1.4 million sqm / year of paving stones and 600,000 tons / year wadi stone shot blasted Paving Stones 2.1 million nos/ year masonry blocks 750,000 nos/year Location : Umm Bab Road kerbstones/flags Telephone : +974 44029130 / 44029150 / 44029120 Location : Umm Bab Road, adjacent to Fax : +974 44914780 / 44029199

Qatar Sand Treatment Plant in Operation Companies Post Box : 19926, Doha, Qatar Telephone : +974 44027111 / 129 / 130 / 131 E-mail : [email protected] Fax : +974 44027110 Post Box : 40611, Doha, Qatar E-mail : [email protected]

11 CONSTRUCTION and BUILDING MATERIALS

n QIMC - 33.33% Private Sector - 53.65% n NGC - 33.33% QIMC - 46.35% n QNCC - 33.33%

Qatar Clay Bricks Company Qatari-Saudi Gypsum Industries Company QCBC is a joint venture company owned by Qatar Industrial QSG is a joint venture company owned by Qatar Industrial Manufacturing Company (QIMC) and other private sector Qatari Manufacturing Company (QIMC). Qatar National Cement Company companies and individuals. The main activity of the company is to (QNCC) and National Gypsum Company (NGC of Saudi Arabia). The produce Cement Bricks and Pavers. main activity of the company is to market gypsum powder for various purposes. Major construction companies are the main customers of Total investment : QRs. 86 million QSG. The major markets are Qatar and other GCC states. Production Date : October 1997 Capacity of plant : 10 million tons / year concrete blocks and Total investment : QRs. 90 million Hordi for ceiling Production Date : June 1993 600,000 sq. mtrs. concrere pavers Capacity of plant : 135,000 tons / year Location : Salwa, Industrial Area Location : Salwa Industrial Area

in Operation Companies Telephone : +974 4460 3124 /157 / 4460 3487 Telephone : +974 4460 2165 / 66 / 67 / 68 Fax : +974 4460 3481 Fax : +974 4460 2169 Post Box : 1569, Doha, Qatar Post Box : 22052, Doha, Qatar E-mail : [email protected] E-mail : [email protected] Website : www.qcbc.com.qa

12 QIMC Annual Report 2018 CONSTRUCTION and BUILDING MATERIALS

QIMC - 40% AMIANTIT QATAR PIPES CO. - 51% SAUDI ARABIAN AMIANTIT CO. - 40% INIZIATIVE INDUSTRIAL Sp.p.A. - 24.5% TRAGS - 20% ABU DHABI PIPE FACTORY (ADPF) - 24.5%

Amiantit Qatar Pipes Company Ltd. Sarplast Qatar W.L.L. AQAP is a joint venture company owned by Qatar Industrial Sarplast is a world class company in the design, manufacturing and Manufacturing Company (QIMC). Saudi Arabian Amiantit Company. supply of Fibre Glass Reinforced Plastic (GRP) pipes and fittings with the and Trading & Agency Services Ltd. (TRAGS). The main activity of the Dual Helix Technology, with diameters of up to 3 meters. company is to produce Fiber Glass Reinforced polyester (GRP) Pipes and Fittings up to 4m in diameter, for water, sewage and industrial Total investment : QRs. 70 million applications. Start Production : 2008 Start Date : 2006 Total investment : QRs. 138 million Capacity of plant : 20,000 metric ton / year Start Production : May 2008 Location : New Industrial Area, Doha, Qatar Start Date : 2007 Telephone : +974 4490 2624 Capacity of plant : 45,000 metric ton/year Fax : +974 4490 2261 Location : New Industrial Area, Street 41, Salwa Road in Operation Companies Post Box : 40519 Telephone : +974 4411 4873 / 4/6 Email : [email protected] Fax : +974 4411 4875 Post Box : 40194, Doha, Qatar E-mail : [email protected] Website : www.aqap.com.qa

13 PAPER and PLASTIC

QIMC - 66.67% QIMC - 100% QAPCO - 33.33%

National Paper Industries Company Qatar Plastic Products Company NAPICO started its operation in June 1991. It is the oldest tissue QPPC is a joint venture company owned by QIMC, QAPCOand Febo converting company in Qatar wholly owned by QIMC. The main activity of Italy. The main activity of the company is to produce heavy duty of the company is converting of high quality Facial Tissues, Toilet Rolls, plastic bags, shrinkable film and other plastic products. QAPCO and Kitchen Rolls and M Tork Rolls. The company has established and Q-Chem are the main customers of QPPC. A new Wood Composit applies a quality system for its operation and it holds an ISO 9001 - Products (WPC) production line has been also installed in the land 2008 Certificate for Quality Management System. Qatar is the main plot of QPPC. This new line is manufacturing eco-friendly products market for its products with exports to other GCC countries as well. made of inert fiber materials (wood) and plastic “Plastic Wood”, with aesthetic features, various colors and designs and have longer lifespans Total investment : QRs. 20 million than wood in the harsh GCC summer weather. This expansion has Operation Date : October 1991 started its commercial production in the third quarter of this year. Turnover (2014) : 4.5 million boxes of Facial Tissue / year Total investment : QRs. 110 million in Operation Companies 12.6 million Kitchen & Toilet Rolls / year 240,000 M Tork Rolls, 1.8 million box towels Production Date : Aug. 2000 3rd Qtr. of 2017 (WPC Production) Location : Salwa Industrial Area, Street No. 2 Capacity of plant : 15,000 tons / year FFS Film Telephone : +974 44600567 QPPC Products 3,000 tons / year Shrinkable Film Fax : +974 44600685 500 tons / year other Products Post Box : 40631, Doha, Qatar WPC Product : 76,000 M2/ year E-mail : [email protected] Location : Mesaieed Industrial City Website : www.napico.com.qa Telephone : +974 44770819 / 44770815 Fax : +974 44770896 Post Box : 50174, Mesaieed, Qatar E-mail : [email protected] Website : www.qppc.net

14 QIMC Annual Report 2018 CHEMICAL and METALLURGY

ALF - 40.0% QPPC - 100% QP - 30.5% QIMC - 29.5%

Qatar Wooden Products Company (W.L.L.) Gasal A 100% owned subsidiary of Qatar Plastic Products Co. (QPPC). Gasal is a joint venture company owned by Qatar Petroleum (QP), (QIMC has 66.67% share in QPPC). The main activity of the company is to Qatar Industrial Manufacturing Co. (QIMC) and Air Liquide-France. produce wooden pallets for QAPCO, Q-CHEM I & II, QATOFIN. QWPC has The main activity of the company is to produce Industrial Gases installed a fully automatic wooden pallet production line along with heat (Oxygen, Nitrogen,Argon and Hydrogen) to supply to the industries treatment facility, able to produce 1.6 million wooden pallets units per year. in Mesaieed Industrial City (MIC) and Ras Laffan Industrial City (RLIC).

Total Investment : 34 Million QR Total investment : QRs. 1.5 billion Production Start Date : Fourth Quarter of 2013 Production start date : Q3 - 2006 Capacity of plant : 1.5 Million wooden pallets/year Capacity : 3950 tpd of oxygen / 3230 tpd of nitrogen Location : Mesaieed Industrial City Location : 8th Floor, Salam Tower, Doha, Qatar Telephone : +974-44770819 / 44770815 Telephone : +974 44020400

Fax : +974-44770896 Fax : +974 44934326 in Operation Companies Post Box : 50174, Mesaieed, Qatar Post Box : 24983, Doha, Qatar E-mail : [email protected] E-mail : [email protected] Website : www.qppc.net Webiste : www.gasal.com.qa

15 CHEMICAL and METALLURGY

QAFCO - 70% QIMC - 100% QIMC - 30%

Gulf Formaldehyde Company Qatar Acids Company GFC is a joint venture company owned by Qatar Fertilizer Company Q-ACIDS is wholly owned by Qatar Industrial Manufacturing Company (QAFCO), Qatar Industrial Manufacturing Company (QIMC). The main (QIMC). The main activity of the company is to produce sulphuric acid activity of the company is to produce urea formaldehyde-85 and for local and export markets. related products. Total investment : QRs. 49 million Total investment : QRs. 104 million Production Date : July 2002 - Expanded in Aug. 2014 Production Date : October 2003 Capacity of plant : 100 tons / day of Sulfuric Acid 98.5% Capacity of plant : 28.000 Mt / year Urea Formaldehyde Location : Mesaieed Industrial City (UFC-85) Telephone : +974 44760340 / 44760346 Location : Mesaieed Industrial City Fax : +974 44760341 Telephone : +974 44228888 Post Box : 50229, Doha, Qatar in Operation Companies Fax : +974 44770347 E-mail : [email protected] Post Box : 50001, Doha, Qatar E-mail : [email protected]

16 QIMC Annual Report 2018 CHEMICAL and METALLURGY

QIMC - 40% AGR - 10% QATAR STEEL - 50% SIIL - 20% QOIC - 5% QIMC - 50% ALUTEC - 10% QBEL - 5% QREIC - 10%

Qatar Metals Coating Company Qatar Aluminium Extrusion Company Q-COAT is a joint venture company owned by Qatar Industrial Qatar Industrial Manufacturing Company (QIMC) promoted this Manufacturing Company (QIMC) and Qatar Steel Company (QATAR project along with other selected Qatari investors. It started commercial STEEL). Q-COAT’s main activity is to produce epoxy coated steel bars production mid of 2012. The finished products are manufactured from (40-8 mm) which are mainly used in the construction of buildings. aluminum logs and include a variety of non-colored (mill finished) and colored (powder coated) aluminium profiles. The company obtained Total investment : QRs. 43.6 million ISO 9001:2008 certification in 2014. Operations Date : April 1992 Capacity : 100,000 T/year Total Investment : QR 88.8 million Location : Mesaieed Industrial Area Annual production : 16,500 tons Telephone : +974 4457 6672 (Marketing) Started production : June 2012 Fax : +974 4457 6650 (Marketing) Location : New Industrial area, Doha, Qatar Post Box : 50090, Mesaieed, Qatar Telephone : +974 4433 3555 in Operation Companies E-mail : [email protected] Fax : +974 4433 3500 Website : www.qcoat.com.qa P.O. Box : 201698, Doha, Qatar E-mail : [email protected] Website : www.qalex.com.qa

17 ENERGY

WOQOD - 60% QIMC - 40%

Qatar Jet Fuel Company Q-JET is a joint venture company owned by Qatar Industrial Manufacturing Company (QIMC) and Qatar Fuel Company (WOQOD). The main activity of the company is to sell Aviation Fuel at Doha International Airport. The major commercial airlines are the main customers of Qatar Jet Fuel Company.

Total investment : QRs. 138 million Operations Date : August 1990 Capacity : 384 million US gallons/year Location : Doha International Airport Telephone : +974 4010 7252 / 4010 7254 in Operation Companies Post Box : 22244, Doha, Qatar E-mail : [email protected] Website : www.qjet.com.qa

18 QIMC Annual Report 2018 FOOD PRODUCTS

NAFCO - 51% HF - 80% NOOO - 28% QIMC - 20% OPS - 21%

National Food Company Qatar-Tunisian Food Company (Part of MAHASEEL) MAHASEEL is a joint venture company owned by Qatar Industrial Manufacturing Company (QIMC) and Hassad Food (HF). The main QT-Food is a joint venture company owned by National Food Company activity of the company is to process, pack and market various food (MAHASEEL), National Office of Olive Oil (Tunisia) and other Tunisian products, especially dates. investors. The main activity of the company is to bottle olive oil and process other food-stuff. Total investment : QRs. 50 million Production Date : August 2000 Total investment : QRs. 4.5 million Capacity of plant : 2000 tons of dates products/year Production Date : October 2001 Location : Central Market, Doha Capacity of plant : 500 tons / year Bottled Olive Oil Telephone : +974 4468 4981 Location : Central Market, Doha Fax : +974 4468 3581 Telephone : +974 4468 4981 / 4468 1401 Post Box : 30100, Doha, Qatar Fax : +974 4469 3751 in Operation Companies E-mail : [email protected] Post Box : 30100, Doha, Qatar E-mail : [email protected]

19 UNDER IMPLEMENTATION

QIMC - 60% KLJ - organic qatar Co. - 50% KLJ - 40% GULF CHLORINE Co. - 50%

KLJ Organic - Qatar united CHEMICALS A chlor-alkali integrated chemical complex expected to produce five UNITED CHEMICALS COMPANY is a joint-venture between KLJ different products including high quality Chlorinated Paraffin Wax Organic-Qatar Company and Gulf Chlorine. The new proposed plant (CPW) as its main product. The project will also produce the following will produce 60,000 tons per year of Calcium Chloride. Newly formed useful by-products: Caustic Soda (NaOH), Hydrochloric Acid (HCl), JV shall also market Hydrochloric Acid and Calcium Chloride. Calcium Chloride (CaCl2) and Sodium Hypochlorite (NaOCl). The project is mainly export oriented and under implementation, as a joint Total Investment : 55 Million QR (Approx.) venture, with an Indian company; KLJ Organic Limited, as a technology Production Date : July 2018 provider of (CPW) and equity partner. The project is expected to start Capacity of Plant : 60,000 MT/Y commercial production during the first quarter of 2019. Location : Mesaieed Industrial City Telephone No. : 40419702 / 40419701 / 777 Total Investment : QR 456 million Fax : 40419700 Project Capacity : 54,500 Tons/year of CPW under Implementation under Projects E-mail : [email protected] : 112,200 Tons/year of NaOH (Liquid/Solid) : 103,125 Tons/year of HCI (32%) : 50,000 Tons/year of CaCl2 (94%) : 20,000 Tons/year of NaOcl (12%) : 300,000 Tons/year of HDPE drums/year (200-250 Ltr.) Expected to Start : Q1 – 2019 Location : Mesaieed Industrial City, Mesaieed, Qatar Telephone : +974 4041 9702 / 4041 9701 / 777 Fax : +974 4041 9700 P.O.Box : 16875, Doha – Qatar E-mail : [email protected]

20 QIMC Annual Report 2018 CHEMICAL STORAGE FACILITY IN RAS-LAFFAN INDUSTRIAL CITY (RLIC) This project in Ras-Laffan service area is being built to store chemicals for catering to the needs of local RLIC Industries’ requirement. Products shall be transferred from Mesaieed Industrial City (MIC) through tankers/trucks and will be sold / delivered similarly to different users. Expected chemicals to be stored in first phase are caustic soda lye (50%), Caustic soda prills (98.5%), Hydrochloric acid (32%), Sulfuric acid (98%) and Calcium chloride (96%). The project has got the Environmental clearance and the Building Permits. Study Under

21 UNDER STUDY

SODIUM CHLORITE The project aims to produce sodium chlorite, which acts as a sterilizer for desalinated water produced from desalination plants. The product targets the GCC and global markets as it is not produced in the Middle East.

GLASS INDUSTRIES COMPANY The project will produce Glass containers used in bottling and packing of food products (oils, pickles, jams, sauces) and beverages

Study (water, soft drinks, juices). The project can be upgraded in the future to produce other glass related products such as Glass Wool. The project is the first in Qatar and utilizes the locally available sand as the main raw material which is melted to produce Glass Containers. Technology will be obtained from a leading Italian company. The project will supply the local food and beverage industries as well as export to Middle East especially Lebanon and Jordan. Under

INDUSTRIAL SALT: The project aims to produce industrial salt to meet the demand of one our (under construction) plants with possibility of providing industrial salt for other industries in the State of Qatar. QIMC currently communication with several world-class technology providers to develop this project.

UNSATURATED PLOYESTER RESIN The project is going to produce three kinds of resins : - Isophthalic Resin - Vinylester Resin - Orthophthalic Resin These resins have wide range of applications, including but not limited to; Pipes, Tanks, Construction material, marine etc. QIMC is in touch with various technology suppliers, who are expected to be partners in project.

22 QIMC Annual Report 2018 REAL ESTATE PROJECTS Real Estate Projects Real

QIMC Tower West Bay

QIMC envisioned having an iconic tower in West Bay Corniche Doha- Qatar, by converting the existing three stories office building into a QIMC Tower Lusail City high-rise mixed-use tower that will host signature hotel, residential, Proposed QIMC Lusail Tower is a fully residential, high rise tower and located in fully fitted out Grade A offices, high end retail and Food & Beverage the Waterfront Residential District of Lusail City Doha- Qatar, in the northern part outlets. of Lusail City. The podium is intended for a retail space which perfectly complements With an approximate 43,500.00 m2 overall buildup area, the residential tower the 23 story high office tower, 29 story high residential tower and 38 consists a 32 one bedroom residential apartments, 130 two bedroom residential story high hotel tower. The whole project will offer 126 residential apartments and two duplex apartments with swimming pool on the upper floors, apartments and 350 guest rooms, 10.000 square meters of leasable coffee shop, a health club with external pools, a playground on the ground floor; 3 space and ample amount of parking bays located on 4 basement basement floors for car parking spaces and building services. Project valued at 300 levels. Project valued at 1 billion Qatari Riyals, of total build-up area of Million Qatari Riyals, is slated for completion in 2022. 120.000 square meters, is slated for completion in 2022.

23 REAL ESTATE PROJECTS Real Estate Projects Real

QIMC Logistics Warehouse Project QIMC has a plot of 100.000 m2 in Abu Saleel Area part of Industrial area Doha-Qatar, was divided in two packages, Warehouse and Labor Camp.

Warehouse package is being designed and provides 300,000.00 m3 storage facilities with a variety of dry store, cold store and chilled store. Each warehouse has an attached 2-storey office/wellness area. This package is scheduled for completion early 2019.

Labor Camp & Administration Building package for construction of 1152 labor accommodation and shell & core building for a retail and administration complete in 2016.

24 QIMC Annual Report 2018 ACTIVITIES

QIMC PUBLIC RELATIONS & MARKETING ACTIVITIES - 8. BIG5 EXHIBITION: QIMC and companies producing construction related products exhibited their products during the exhibition held from 24th – 26th Sept. 2018.. The 2018 exhibition basically focuses on construction and building materials. QIMC’s sister companies contacted many leading INFRA Companies from ARAB and European QIMC participated in many important meetings, seminars, conferences and exhibitions countries, seeking possible tie up in future for mutual business benefit. during the year 2018; 9. SPECIAL COUNTRY AWARD FOR COMAPANEIS: Ministry of Industry has chosen 1. 2ND KUWAIT INTERNATIONAL TRADE FAIR: QIMC exhibited corporate stand Qatar Paving Stone (QPS) and National Paper Company (NAPICO) for Government’s at Qatar Pavilion organized by QATAR CHAMBER OF COMMERCE. The Fair was held special award for their dedicated service being extended during the blockade. The during 6-10th Feb., 2018. awards were received by Mr. Abdul Rahman Al-Ansari, Executive Board Member of QPS for QPC and Mr. Aktham Y. Al-Baqali, Chairman of NAPICO respectively from H.E. Sh. 2. INDUSTRIAL EXHIBTIION AT QNCC: QIMC along with its sister companies Abdulla Bin Nasser Al-Thani, the Prime Minister and Minister of Interior. showcased their products and services in the exhibition at QNCC during 6-8th Feb., 2018. 10. MADE IN QATAR EXHIBITION AT OMAN: Qatar Chamber organized MADE IN QATAR Exhibition during 3-6/12/2018. QIMC was a “DIAMOND” Sponsor of the event and Qatar 3. QIMC TOWER CONSTRUCTION AGREEMENT SIGINING CEREMONY: exhibited a corporate stand. QIMC’s management team, headed by Sh. Abdulrhman Industrial Manufacturing Co. (QIMC), signed an agreement with the Redco Construction Al-Thani., Chairman and Mr. Abdulla Ali Al-Abdulla, Board Member and CEO, Mr. Abdul - Almana Co. for the construction of Abraj Al-Tahweeliya on 11th Feb., 2018. H.E Sheikh Rahman Al-Ansari and other officials fromQIMC ’s sister companies attended the event. Abdulrahman M. J, Al Thani, Chairman, QIMC signed the agreement on behalf of QIMC. The expected cost of the entire project is QRs 1.2 billion.

4. QIMC SPORTS DAY FOR FAMILIES: QIMC organized a fun-filled Sports Day event on 13th February, 2018 at Intercontinental Hotel, Doha. Employees of QIMC and itsr Activities group companies, participated enthusiastically, along with their family members. QIMC board member, Mr. Saad M. S.J. Al-Rumahi and CEO Mr. Abdul Rahman Al-Ansari were the Chief Guests, along with other senior management officials. The event was very successful.

5. QIMC ACQUIRES ADDITIONAL SHARES OF GFC FROM UDC: QIMC has acquired the 10% stake in Gulf Formaldehyde Co. (GFC) held by United Development Co. (UDC), taking its total stake in the company to 30%.QIMC Chairman Sh. Abdulrahman M. J. Al-Thani signed an agreement on behalf of QIMC, to this effect on 18th Feb. 2018. Top management teams from both parties, including Chairman ofUDC, Mr. Turki Mohammed Al-Khater were present during the signing ceremony held at UDC Head Quarters in Pearl Qatar.

6. PROJECT QATAR EXHIBITION: QIMC exhibited its corporate stand in a prime location at PROJECT QATAR Exhibition during 8-11th May, 2018. Several of the QIMC group companies showcased their products and services. QIMC’s management team, and other high ranking officials fromQIMC ’s sister companies were present at the exhibition.

7. QIMC JOINS QATAR DELEGATION IN QATAR GERMANY FORUM FOR BUSINESS AND INVESTMENT: Mr. Abdul Rahman Al-Ansari, Chief Executive Officer was a key member of the Qatar delegation led by Qatar Chamber of Commerce at the event held in Berlin, Germany on 7th Sept., 2018. On the sidelines of the forum, Mr. Abdul Rahman Al- Ansari also signed MOU with Glass Global Co., Germany Company for consultancy services for manufacturing glass in Qatar.