In the Name of

Allah The Most Gracious,

The Most Merciful

QIMC ANNUAL REPORT 2019 1

 His Highness
Sheikh Tamim Bin Hamad Al-Thani
Emir of the State of Qatar

2 QIMC ANNUAL REPORT 2019

 His Highness
Sheikh Hamad Bin Khalifa Al-Thani
The Father Emir

QIMC ANNUAL REPORT 2019 3

 Annual report 2019
Contents

About QIMC & its investment policy 5

Board of Directors 6
Key personnel 7
Chairman’s message 8
Financial performance at a glance 9
Investment by sector 10
Companies in operation 11
Projects under study / Projects under implementation 21
Real Estate projects 22
Company activities 24
Financial statements 25

4 QIMC ANNUAL REPORT 2019

 Q atar Industrial Manufacturing Company (QIMC)
was established in 1990 with 20:80 government-
private equity interests respectively. The establishment of
QIMC was in fact a clear manifestation of the particular
attention given by the State of Qatar to the issue of the
private sector participation in the process of the country’s
economic development through investment in small and
About medium scale industries.
QIMC
QIMC’s initial authorised capital was set at 200 million
QR (US$ 55 million), and was fully paid by 2002. In 2006,
and its capital was increased by 50% to 300 millions QR. In 2009.
investment capital was increased by 20% to 360 QR million. In 2010,
capital was further increased by 10% to 396 millions QR.
policy
The Extra-ordinary General Assembly of QIMC held on
the 2nd March 2014, approved the distribution of bonus
shares equivalent to 20% of the company’s share capital for
the year 2013. This amendment increased the Company’s
share paid-up capital to QR 475.2 million, distributed over
47,520,000 shares, having a nominal value per share of
QR 10, as in 31st December 2014. In 2019, and based on
the decision of the Qatar Financial Market Authority, the
number of shares was modified to 475,200,000 shares, and
the nominal value of each share is QR.1.
QIMC started business in May 1990, only to become
within a short period of time, one of the pioneering
companies in the field of small and medium scale industries
in Qatar. Far from being confined to the State of Qatar,
QIMC‘s activities has extend to other GCC countries
such as Oman.
Currently, QIMC has equity interest in 20 operational
projects in diverse industrial sectors including chemicals,
petrochemicals, construction materials and food processing,
while one more project is under commissioning. QIMC
is also currently investigating the economic feasibility of a
number of other projects in collaboration with other local
and foreign interested parties.
QIMC’s investment strategy is essentially driven by the
fundamental principle of investing in economically viable
industrial projects that utilize locally/regionally available
natural resources/ intermediate products. QIMC also
views its investment activity in the wider economic
development context, and for that reason, it strives to
maximize the macroeconomic benefits resulting from its
investment activity to the national economy in terms of
employment opportunities for the national labour force,
transfer of modern technology and contribution to the
country’s balance of trade.
QIMC welcomes the proposals from investors and
technology know-how holders for joint ventures in viable
medium sized projects.
QIMC ANNUAL REPORT 2019 5
 board of
directors

Former board members

Abdulghani Nasser
(1990 - 1993)

|
Jassim Al-Jaidah Sheikh Abdulrahman Bin Mohd.
(1990 - 1995) Bin Jabor Al-Thani
Chairman

|
Abdulaziz H. Salat Nasser Rashid Al-Kaabi
(1990 - 1995)
Vice Chairman
Said Bin Abdul Aziz Al-Nasser
(1990 - 1995)
Majid S. Al-Khulaifi
(1990 - 1995)
Mohamed Khalaf Al-Kabi
(1990 - 1995)
Nasser Abdulghani Nasser
(1993 - 1995)
H.E. Ali Mohamed Al-Khater
| | | |
(1995 - 1997) Sheikh Rashid A.M. Al-Thani Saad M.S.J. Al-Rumaihi Abdullla M. Shamsan Al-Saada Abdulla Ali Al-Abdulla
Board Member Board Member Board Member Board Member
Abdul Aziz Y. Al-Khulaifi
(1995 - 2001)
Ali Bin Khalifa Al-Attia
(1995 - 1999)
Abdulhadi Bin Nayfa Al-Shahwani
(1990 - 2001)
Ali Hassan Al-Khalaf
(1990 - 2001)
Mohamed Marzouq Al-Shamlan
| | | |
Mohamed Khalid A. I. Mannai Abdul Mohsin Y. Al-Mana Abdulrahman F. Al Mudahka Ahmed Y. Kamal
(1995 - 2001) Board Member Board Member Board Member Board Member
Mohamed Khalifa A. Turki Al-Subai
(1998 - 2001)
Ali Yousuf Hussain Kamal
(2010 - 2012)
Khalifa Al Sowaidi
(2001 - 2016)
Ahmad Ali I.M. Bokshaisha
(2001 - 2016)

6 QIMC ANNUAL REPORT 2019


|
Sheikh Abdulrahman Bin Mohd.
Bin Jabor Al-Thani
Chairman
|
Dr. Hazim T. Al-Kadi
Director Projects Department
|
Sami Abdul Mohsen Al-Hawaj
Industrial Expert Projects Dept.
|
John Muller
Specialist Marketing & Promotion
key
persoNnEl
Abdul Rahman A. Al-Ansari
Chief Executive Officer
|
Dr. Farouk A.N. Jabur
Director Invest. & Follw-up Dept. |
Aktham Y. Al-Baqali
Director Admin. & Finance |
Dr. Adam El-Mustafa Omar
General Counsel & Board Secretary
|
Abdulla Khalaf Al-Josaiman
Manager Purchase & P.R. |
Ahmed H. Abou Hamda
Planning Engineer
|
Ramy Derar
Senior Engineer
QIMC ANNUAL REPORT 2019 7
 Message BY
chairman

Dear Sharehold e rs ,

D uring the year 2019, the company continued its efforts

to further strengthen the capabilities and market
position of its operating business units, in addition to seeking
new opportunities and cooperating with its associates and
executing other related activities.
Industrial transformation is one of the main engines of
Qatar’s National Vision 2030. It is the starting point for
many industries that meet the needs of the state in its major
development projects in various industrial sectors. It also takes
into account the consumer demand for different products.
This year, the company has achieved a number of milestones
that have also contributed to the industrial sector in the
country. Qatar Aluminum Extrusion Company, Amiantit
Qatar Pipes, Sarplast Qatar in the Small and Medium
Industries Area and KLJ Organics Qatar in Mesaieed Industrial
City have expanded their reach in the export market to several
Arab, Asian, European and other countries. National Paper
Industries Company has upgraded some of its production and
packaging machines to ensure a steady supply of high quality
products to the local market. A new production line has been
added to the Qatar Paving Stone factory. Work is currently
underway on the implementation of a factory for glass bottles
at an estimated cost of QR230 million, which will start actual
production in mid-2021. This is a qualitative addition to the
medium-sized industries sector in the Qatar.
In the food industry, as a major public-private cooperation
initiative, we opened a tea packaging factory in Qatar, handling
Lipton and Red Label brands. It is our pride to support the
country’s vision to achieve self-sufficiency, through such
manufacturing initiatives.
Our associate Amiantit Qatar Pipes Ltd. has acquired the
shares held by a foreign partner in its subsidiary, Sarplast Qatar,
which manufactures Glass Fiber Reinforced Pipes. With this,
Amiantit’s share holding in Sarplast Qatar has increased to
75.5% of the total capital. QIMC holds 40% stake in Amiantit.
With regard to Marketing and Public Relations, QIMC
participated in a number of local, regional and global
exhibitions and industrial fairs. We firmly believe in the
importance of showcasing the products and capabilities of
the Qatari industry in international forums and to support
the promotion activities of subsidiaries and associates. QIMC
put up a spectacular stand at Cityscape Qatar Exhibition to
promote its iconic real estate project, Corniche Park Towers.
This year also, the Board of Directors of QIMCs Company
continued to diligently follow up on the operations and
performance of the Company and its subsidiaries and
associates, to effectively implement the principles of
governance in accordance with the highest international
standards and best professional practices. They have ensured
strict compliance to the applicable national regulations and to
the principles of transparency and disclosures, as required in
all their activities.
 In conclusion, I would like to express my sincere thanks and
gratitude to His Highness the Amir Sheikh Tamim bin Hamad
Al Thani, His Excellency Sheikh Khalid bin Khalifa bin
Abdulaziz Al Thani, Prime Minister and Minister of Interior,
and HE Ali bin Ahmed Al Kuwari, Minister of Commerce
and Industry. And our thanks to all ministers in the wise
government, for their continued support for the progress and
prosperity of this wonderful country, and we also extend our
thanks to all government and semi-government institutions
and to our partners and customers and to the shareholders for
their longstanding and continued support to the company to
achieve its goals and great aspirations.
Sheikh. Abdulrahman Mohd. Bin Jabor Al-Thani
Chairman

On the real estate front, we are in the process of investing about

QR 1.2 billion. The logistics warehouse complex, with an area
of 100,000 square meters, has been completed with a modern
accommodation for workers, equipped warehouses for the
storage of a variety of products and material, and a newly
constructed administrative building.

8 QIMC ANNUAL REPORT 2019

 FINANCIAL PERFORMANCE
AT A GLANCE

2017 2018 2019

Net Profit QRs 206,183,501 200,028,955 120,051,488

Dividends QRs 142,560,000 118,800,000 71,280,000

Shareholders’ Equity QRs 1,575,130,548 1,570,566,638 1,587,451,574

250
In Millions QRs

225
206.3 208.3 206.1 206.1
200 193.8 193.8
120.0
175 160.9
168.8

150 144.9 141.6 142.5 142.5 142.5 142.5 142.5 142.5 71.2

125 115.6 118.8 118.8

109.7
105.0
100 90.0
71.7
75 60.0
Net Profits and Dividends 50 40.0
21.5 22.3
g Net Profits g Dividends 25 16.0
10.0
0
1992 1996 2000 2004 2006 2008 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

2017 2018 2019

Net Profit QRs 4.34 4.21 2.53

Dividends per share QRs 3 2.5 0.15

Book Equity per share QRs 33.15 34.27 3.37

1,554 1,575 1,575 1,587

In Millions QRs

1,507 1,488
1500
1,350
1350 1,307.8
1,253.0
1200 1,144.0

1050
936.7
900
750
613.1
600
450
269.6
Shareholders Equity 300
161.8 185.1
127.3
150
0
1992 1996 2000 2004 2006 2008 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

QIMC ANNUAL REPORT 2019 9

 INVESTMENT
BY SECTOR

45%
Chemicals and
Metallurgy

41%
Construction and
Building Materials

8%
ENERGY

5%
PAPER, PLASTIC,
WOOD & GLASS

1%
FOOD PRODUCTS

10 QIMC ANNUAL REPORT 2019

 COMPANIES IN OPERATION
Construction & Building Materials

n QIMC - 100% n QIMC - 100%

Qatar Sand Treatment Plant (QSTP) Qatar Paving Stones (QPS)

Qatar Sand Treatment Plant (Qstp) Established in 1992 which is QPS is wholly owned by Qatar Industrial Manufacturing Company (QIMC).
wholly owned by Qatar Industrial Manufacturing Co. (QIMC). It is It produce premium quality Paving Stones and kerb Stones of all colours and
the largest sand treatment plant in the state of Qatar. It was started with patterns, besides high quality masonry blocks.
a production capacity of 5,000 tones per day and the present capacity
is 40,000 tones per day. QSTP produces Washed Sand which is mainly
used for Construction and Agriculture.

Total investment : QRs. 125 million Total investment : QRs. 80 million

Production Start Date : October 1992 Production Start Date : H1, 2009
Capacity of plant : 12 million tons / year washed sand Capacity of plant : 1.4 million sqm / year of paving stones and shot
600,000 tons / year wadi stone blasted Paving Stones 2.1 million nos / year
Location : Umm Bab Road masonry blocks 750,000 nos / year
kerbstones / flags
Location : Umm Bab Road, Adjacent to QSTP Plant

ADDRESS ADDRESS
P.O. Box: 19926, Doha, Qatar P.O. Box: 40611, Doha, Qatar
Tel: +974 44029130 / 44029150 / 44029120 Fax: +974 44914780 / 44029199 Tel: +974 44027111 / 129 / 130 / 131 Fax: +974 44027110
E-mail: qstp@qatarsandplant.com.qa E-mail: qatarpavingstones@qatar.net.qa

QIMC ANNUAL REPORT 2019 11

 COMPANIES IN OPERATION
Construction & Building Materials
n Private Sector -
n QIMC -
Qatar Clay Bricks Company (QCBC)
QCBC is a joint venture company owned by Qatar Industrial
Manufacturing Company (QIMC) and other private sector Qatari
companies and individuals. The main activity of the company is to
produce Cement Bricks and Pavers.
Total investment : QRs. 86 million
Production Start Date : October 1997
Capacity of plant : 10 million tons / year concrete blocks and Capacity of plant : 135,000 tons / year
Hordi for ceiling 600,000 sq. mtrs.
concrete pavers
Location : Salwa, Industrial Area
ADDRESS
P.O. Box: 1569, Doha, Qatar
Tel: +974 4460 3124 / 157 / 4460 3487 Fax: +974 4460 3481
E-mail: info@qcbc.com.qa Website: www.qcbc.com.qa
12 QIMC ANNUAL REPORT 2019
n QIMC - 33.33%
53.65% n NGC - 33.33%
46.35% n QNCC - 33.33%
Qatari-Saudi Gypsum Industries Company (QSG)
QSG is a joint venture company owned by Qatar Industrial Manufacturing
Company (QIMC). Qatar National Cement Company (QNCC) and
National Gypsum Company (NGC of Saudi Arabia). The main activity
of the company is to manufacture and market gypsum powder for various
purposes. Major construction companies are the main customers of QSG.
The major markets are Qatar and other GCC states.
Total investment : QRs. 90 million
Production Start Date : June 1993
Location : Salwa, Industrial Area
ADDRESS
P.O. Box: 22052, Doha, Qatar
Tel: +974 4460 2165 / 66 / 67 / 68, Fax: +974 4460 2169
E-mail: qsg@qatar.net.qa
 COMPANIES IN OPERATION
Construction & Building Materials

n QIMC - 40%
n SAUDI ARABIAN AMIANTIT CO. - 40%
n AMIANTIT QATAR PIPES CO. - 75.5%
n TRAGS - 20% n ABU DHABI PIPE FACTORY (ADPF) - 24.5%

Amiantit Qatar Pipes Company Ltd. (AQAP) 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 supply of
Manufacturing Company (QIMC), Saudi Arabian Amiantit Fibre Glass Reinforced Plastic (GRP) pipes and fittings with the Dual Helix
Company and Trading & Agency Services Ltd. (TRAGS), The main Technology, with diameters of up to 3 meters.
activity of the company is to produce Fiber Glass Reinforced polyester
(GRP) Pipes and Fittings up to 4m in diameter, for water, sewage and
industrial applications.

Total investment : QRs. 138 million Total investment : QRs. 70 million

Production Start Date : May 2008 Production Start Date : 2008
Capacity of plant : 45,000 metric ton/year Capacity of plant : 20,000 metric ton / year
Location : Street No. 41, New Industrial Area, Salwa Road Location : New Industrial Area

ADDRESS ADDRESS
P.O. Box: 19926, Doha, Qatar P.O. Box: 40519, Doha, Qatar
Tel: +974 44114873 / 4 / 6 Fax: +974 44114875 Tel: +974 44902624 Fax: +974 44902261
E-mail: info@aqap.com.qa Website: www.aqap.com.qa E-mail: info@sarplastqatar.com

QIMC ANNUAL REPORT 2019 13

 COMPANIES IN OPERATION
Paper, plastic & WOOD
n QIMC - 100%
National Paper Industries Company (NAPICO)
NAPICO started its operation in June 1991. It is the oldest tissue
converting company in Qatar and is wholly owned by QIMC. The
main activity of the company is converting of high quality Facial
Tissues, Toilet Rolls, Kitchen Rolls and M Tork Rolls. The company
has established and applies a quality system for its operation and
it holds an ISO 9001 - 2008 Certificate for Quality Management
System. Qatar is the main market for its products with exports to other
GCC countries as well.
Total investment : QRs. 20 million
Operations Start Date : October 1991
Turnover (2014) : 4.5 million boxes of Facial Tissue / year
12.6 million Kitchen & Toilet Rolls / year
240,000 M Tork Rolls, 1.8 million box towels
Location : Street No. 2, Salwa, Industrial Area
ADDRESS
P.O. Box: 40631, Doha, Qatar
Tel: +974 44600567 Fax: +974 44600685
E-mail: admin@napico.com.qa Website: www.napico.com.qa
14 QIMC ANNUAL REPORT 2019
n QIMC - 66.67 %
n QAPCO - 33.33%
Qatar Plastic Products Company (QPPC)
QPPC is a joint venture company owned by QIMC and QAPCO.
The main activity of the company is to produce heavy duty plastic
bags, shrinkable film and other plastic products. QAPCO and
Q-Chem are the main customers of QPPC. A new Wood Composit
Products (WPC) production line has been also installed in the land
plot of QPPC. This new line is manufacturing eco-friendly products
made of inert fiber materials (wood) and plastic “Plastic Wood”, with
aesthetic features, various colors and designs and have longer lifespans
than wood in the harsh GCC summer weather.
Total investment : QRs. 110 million
Production Start Date : Aug. 2000 & 3rd Qtr. of 2017 (WPC Production)
Capacity of plant : 15,000 tons / year FFS Film
QPPC Products : 3,000 tons / year other products
WPC Product : 76,000 M2 / year
Location : Mesaieed Industrial City
ADDRESS
P.O. Box: 22052, Doha, Qatar
Tel: +974 44770819 / 44770815, Fax: +974 44770896
E-mail: qppc@qppc.net Website: www.qppc.net
 COMPANIES IN OPERATION
Chemicals & Metallurgy

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

Qatar Wooden Products Company W.L.L. (QWPC) GASAL

A 100% owned subsidiary of Qatar Plastic Products Co. (QPPC).
(QIMC has 66.6% share in QPPC). The main activity of the
company is to produce wooden pallets for QAPCO, Q-CHEM I &
II, QATOFIN. QWPC has installed a fully automatic wooden pallet
production line along with heat treatment facility, able to produce 1.6
million wooden pallets units per year.
GASAL is a joint venture company promoted by Qatar Petroleum (QP),
Qatar Industrial Manufacturing Co. (QIMC) and Air Liquide, a France
based international company. The main activity of the company is to produce
industrial gases (Oxygen, Nitrogen, Argon and Hydrogen) in gaseous as
well as in liquid forms. The company ownes and operates, in Mesaieed and
Ras Laffan basins, Air Separations Units and Hydrogen SMRs connected to
(O2/N2/H2) pipelines network to supply the steel, polysilicon, LNG, and
petrochemical industries in the two basins with utilities from centralized
production units.

Total investment : QRs. 34 million 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 of plant : 3950 TPD of oxygen I 3230 TPD of Nitrogen / year
Location : Mesaieed Industrial City Location : The Gate Mall Buildings & Tower 4
13th Floor Westbay

ADDRESS ADDRESS
P.O. Box: 50174, Doha, Qatar P.O. Box: 24983, Doha, Qatar
Tel: +974 44770819 / 44770815 Fax: +974 44770896 Tel: +974 44020400 Fax: +974 44934326
E-mail: qwpc@qppc.net Website: qppc.net E-mail: info@asgalr.com.qa Website: gasal.com.qa

QIMC ANNUAL REPORT 2019 15

 COMPANIES IN OPERATION
Chemicals & Metallurgy

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

Gulf Formaldehyde Company (GFC) Qatar Acids Company (Q-ACIDS)

GFC is a joint venture company owned by Qatar Fertilizer Q-ACIDS is wholly owned by Qatar Industrial Manufacturing
Company (QAFCO) and Qatar Industrial Manufacturing Company Company (QIMC). The main activity of the company is to produce
(QIMC). The main activity of the company is to produce Urea Sulphuric Acid for local and export markets.
Formaldehyde-85 and related products.

Total investment : QRs. 104 million Total investment : QRs. 49 million

Production Start Date : October 2003 Production Start Date : July 2002 - Expanded in August 2014
Capacity of plant : 28.000 MT / year of Urea Formaldehyde (UFC-85) Capacity of plant : 33,000 Tons / year of Sulfuric Acid 98.5%
Location : Mesaieed Industrial City Location : Mesaieed Industrial City

ADDRESS ADDRESS
P.O. Box: 50001, Doha, Qatar P.O. Box: 50229, Doha, Qatar
Tel: +974 44228888 Fax: +974 44770347 Tel: +974 44760340 / 44760346, Fax: +974 44760341
E-mail: info@qafaco.com.qa E-mail: info@qataracids.com.qa

16 QIMC ANNUAL REPORT 2019

 COMPANIES IN OPERATION
Chemicals & Metallurgy

n QIMC - 60% n KLJ - organic qatar Co. - 65%

n KLJ - 40% n GULF CHLORINE Co. - 35%

KLJ Organic - Qatar United Chemicals (UCC)

“An integrated Chlor-Alkali chemical complex that produces a wide range UNITED CHEMICALS COMPANY is a joint-venture between
of chemical products viz., Chlorinated Paraffin Wax (CPW), Caustic KLJ Organic-Qatar Company and Gulf Chlorine. The new proposed
Soda (NaOH), Hydrochloric Acid (HCl), Calcium Chloride (CaCl2) plant will produce 60,000 tons per year of Calcium Chloride. Newly
and Sodium Hypochlorite (NaOCl), besides HDPE chemical storage formed JV shall also market Hydrochloric Acid and Calcium Chloride.
drums. The export-oriented unit is a joint venture with an Indian company,
KLJ Organic Limited, as a technology provider and equity partner. Plant
commissioning and trial production started in April 2019. Commercial
production commenced from January 2020.”

Total investment : QRs. 478 million

Project Capacity : 45,500 Tons/year of CPW Total investment : QR 55 Million (Approx.)
: 112,200 Tons/year of NaOH (Liquid/Solid) Production Start Date : December 2019
: 103,125 Tons/year of HCI (32%) Capacity of plant : 60,000 MT/Year
: 50,000 Tons/year of CaCl2 (9 %) Location : Mesaieed Industrial City
: 20,000 Tons/year of NaOCl (12%)
: 300,000 Tons/year of HDPE drums/year
: (200-250 Ltr.)
Production Start Date : Q1- 2019
Location : Mesaieed Industrial City
ADDRESS ADDRESS
P.O. Box: 16875, Doha, Qatar P.O. Box: 50174, Doha, Qatar
Tel: +974 40419702 / 40419701 / 777 Fax: +974 40419700 Tel: +974 40419701 / 40419702 / 777 Fax: +974 40419700
E-mail: kljq@kljqatar.com E-mail: ifo@unitedchemicalsqa.com

QIMC ANNUAL REPORT 2019 17

 COMPANIES IN OPERATION
Chemicals & Metallurgy

n QIMC - 40% n AGR - 10%

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

Qatar Metals Coating Company (Q-COAT)
Q-COAT is a joint venture company owned by Qatar Industrial
Manufacturing Company (QIMC) and Qatar Steel Company
(QATAR STEEL). Q-COAT’s main activity is to produce epoxy
coated steel bars (40-8 mm) which are mainly used in the construction
of buildings
Qatar Aluminium Extrusion Company (QALEX)
Qatar Industrial Manufacturing Company (QIMC) promoted this project
along with other Qatari investors. It started commercial production in mid
of 2012. The finished products are manufactured from aluminum logs and
include a variety of non-colored (mill finished) and colored (powder coated)
aluminium prof1les. The company obtained ISO 9001:2008 certification
in 2014.

Total investment : QRs. 43.6 million Total investment : QRs. 88.8 million
Operations Date : April 1992 Annual production : 16,500 tons
Capacity of plant : 100,000 T/year Production Started : June 2012
Location : Mesaieed Industrial Area Location : New Industrial Area

ADDRESS ADDRESS
P.O. Box: 50090, Doha, Qatar P.O. Box: 201298, Doha, Qatar
Tel: +974 44576672 (Marketing) Fax: +974 44576650 (Marketing) Tel: +974 44333555 Fax: +974 44333500
E-mail: abozaid@qatarsteel.com.qa Website: www.qcoat.com.qa E-mail: info@qalex.com.qa Website: qalex.com.qa

18 QIMC ANNUAL REPORT 2019

 COMPANIES IN OPERATION COMPANIES IN OPERATION
Energy food products

n WOQOD - 60% n HF - 80%

n QIMC - 40% n QIMC - 20%

Qatar Jet Fuel Company (Q-JET) National Food Company (MAHASEEL)

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 distribute
Aviation Fuel at Doha International Airport. The major commercial
airlines are the main customers of Qatar Jet Fuel Company.
MAHASEEL is a joint venture company owned by Qatar Industrial
Manufacturing Company (QIMC) and Hassad Food (HF). The main
activity of the company is to process, pack and market various food
products, especially dates.

Total investment : QRs. 384 million Total investment : QRs. 50 million

Operation Date : August 1990 Production Start Date : August 2000
Capacity of plant : 38L. Million US gallons/year of aviation fuel Capacity of plant : 2000 tons of dates products / year
Location : Doha International Airport Location : Central Market, Doha

ADDRESS ADDRESS
P.O. Box: 22244, Doha, Qatar P.O. Box: 30100, Doha, Qatar
Tel: +974 40107252 / 4010 7254 Tel: +974 44684981 Fax: +974 44683581
E-mail: info@qjetfuel.com Website: www.qjet.com.qa E-mail: dohadates@gmail.com

QIMC ANNUAL REPORT 2019 19

 COMPANIES IN OPERATION
Food products

n NAFCO - 51%
n NOOO - 28% n QIMC - 100%
n OPS - 21%

Qatar-Tunisian Food Company (QT-Food) JAHIZ Packaging Factory (JAHIZ)

(Part of MAHASEEL)
QT-Food is a joint venture company owned by National Food
Company (MAHASEEL), National Off1ce of Olive Oil (Tunisia)
and other Tunisian investors. The main activity of the company is to
bottle olive oil and process other food-stuff.
The company is a wholly owned subsidiary of Qatar industrial
Manufacturing Company, established to pack Lipton and Red label
teas for the global owner of the product to meet local demand.

Total investment : QRs. 4.5 million Total investment : QRs. 10 million

Production Started : October 2001 Startup Date : March 2019
Capacity of plant : 500 tons / year bottled Olice Oil Design Capacity : 1400 tons per year of loose tea
Location : Central Market, Doha 4 200 , 450 and 900 grams
4 1.6 And 5 Kg.
Location : Small and medium scale industrial area,
Street J, Unit: 16 at Jahiz 2,
ADDRESS ADDRESS
P.O. Box: 30100, Doha, Qatar P.O. Box: 16875, Doha, Qatar
Tel: +974 44684981 / 44681401 Fax: +974 44693751 Tel: +974 44148008 E-mail: jahiz@qjahiz.com.qa
E-mail: info@qt-food.com

20 QIMC ANNUAL REPORT 2019

Projects under Projects
Implementation Under study

n QIMC - 50%
n OTHER INVESTOR - 50%

Gulf Glass Factory w.l.l. (GIZAZ)

Limited Liability Company established to produce Glass containers
used in bottling of water and other beverages (soft drinks, juices, milk)
and packing of food products (oils, pickles, honey, sauces) for the local
market as well as export to foreign markets.
The plant depends on smelting of raw materials, the most important of
which are sand and sodium carbonate in specially designed furnaces
and using natural gas as fuel.
Contract was signed with a specialized Italian company for the design
of the factory and the supply and installation of equipment and Sodium Chlorite
production line. Local companies will be involved in the design and
construction of the plant buildings and supporting facilities. 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.

Expected to start : QRs. 238 million

Design Capacity : 200 tons molten glass / day
Duration of the project : 21 Months
Location : Small and medium scale industrial area Industrial Salt
The project aims to produce industrial salt to meet the demand of
one our (under construction) plants with possibility of providing
ADDRESS industrial salt for other industries in the State of Qatar. QIMC
ADDRESS
Tel: +974 44344223 Fax: +974 44837878 currently in communication with several world-class technology
E-mail: gizaz@gizaz.com.qa
providers to develop this project.

QIMC ANNUAL REPORT 2019 21

 QIMC
Real estate projects

CORNICHE PARK TOWERS

West Bay, Doha Qatar

From an exclusive address on the north side of Doha’s exclusive

Corniche waterfront, the latest mixed-use development by Qatar
Industrial Manufacturing Company (QIMC), ascent Corniche Park
Towers at the heart of the West Bay district. Sprawling across 10,435
square meters of land, Corniche Park Towers enjoys capacious views
of the adjacent waterfront. A combination of three towers in one,
serviced by a glamorous retail podium.
The iconic high-rise development comprises of a 24-floor office tower,
a 29-floor residential tower with 1-2-3- bedroom homes, 38-floor
hotel and hotel apartments tower operated by a 5-Star Hotel operator.
Hosted by 4 floors of retail podium.
Permeated with ample landscaped areas and lush greenery. Adjacent to
the towers are the project’s four basement and above-ground parking
lots will accommodate over 670 spaces. A 4-floor podium forms the
mega development’s retail destination, and will host a wide array of
shopping, leisure and fine dining experiences.

22 QIMC ANNUAL REPORT 2019

 QIMC
Real estate projects

QIMC TOWER LUSAIL CITY

Proposed QIMC Lusail Tower is a fully residential, high rise tower
and located in the Waterfront Residential District of Lusail City
Doha- Qatar, in the northern part of Lusail City.
With an approximate 43,500.00 m2 overall buildup area, the
residential tower consists a 32 one bedroom residential apartments,
130 two bedroom residential apartments and two duplex apartments
with swimming pool on the upper floors, coffee shop, a health club
with external pools, a playground on the ground floor; 3 basement
QIMC Logistics Warehouse floors for car parking spaces and building services. Project valued at
300 Million Qatari Riyals, is slated for completion in 2022.
The Complex:- Spread over a total surface area of 100,000 m2,
the complex includes a state-of-the-art accommodation facility, fully
equipped storage warehouses, and a newly-built administration
building. Strategically located on the new Orbital highway, 9 minutes
away from Doha Port, the complex is eco-friendly, secure and well
maintained.
The Labor Camp:- Consists of 360 fully furnished 25 m2 rooms,
distributed among 4 buildings, built to accommodate 1,400 people.
The units are designed to provide each resident with adequate
space and privacy, along with essential amenities such as prayer hall,
restrooms and laundry service.
In addition, there are four sports courts adjacent to the buildings as
well as recreational rooms and a gymnasium. Residents can walk
across to the large dining hall, which can host more than 400 people to
enjoy freshly cooked meals 3 times a day.
Warehouse:- The warehouse has a total storage capacity of 300,000
cubic-meters and consists of four separate storage zones: three dry
material storage and one cold storage, with a combined total area of
37,840m2 (9,460m2 each). The 24 cold storage rooms are designed
to run and maintain dual temperatures at between 18°C and +4°C to
sustain ideal condition. Each storage area is connected to 10 loading
bays, complete with levelers.
Security & Parking:- The facility is well lit with both internal and
external LED lighting and has 24/7 security in four guard posts and
CCTV monitoring system. Within the facilities parameters you can
find a parking area that can accommodate 40 large trucks, 7 small
trucks ,57 cars and 8 disabled parking.
Administration Building:- With a total rentable area of 3,200 m2,
the newly built administration building has 2 floors and an exclusive
façade design served with lift.

QIMC ANNUAL REPORT 2019 23

 QIMC PUBLIC RELATIONS &
MARKETING ACTIVITIES - 2019
QIMC participated in many important meetings, seminars, conferences and exhibitions during the year 2019.
There were also a couple of key in-house events during the year.
1. KUWAIT CONSTRUCTION WEEK: QIMC exhibited its
corporate stand in the Qatar Pavilion put up by QATAR
CHAMBER OF COMMERCE at the Kuwait Construction
Week event. The Fair was held during 5-9 / 03/2019
2. GPCA AGM: The Annual General Assembly Meeting of
Gulf Petrochemicals and Chemicals Association (GPCA)
was held on 21st March 2019, in Muscat, Oman. Mr.
AbdulRahman Al-Ansari, CEO of QIMC attended the
meeting.
3. INAUGRATION OF JAHIZ PACKING COMPANY: The
operation of our new group company Jahiz Packing
Company was formally inaugurated on 29th April 2019 by
H.E. Mr. Ali Bin Ahamed Al Kuwari, Minister of Commerce
& Industry, along with High level officials from the
Ministry and Mr. AbdulRahman A. Al-Ansari, CEO of
QIMC.
4. PROJECT QATAR EXHIBITION: QIMC exhibited its
corporate stand in a vantage location at PROJECT
24 QIMC ANNUAL REPORT 2019
QATAR Exhibition during 25th -28th April 2019. QIMC
group companies producing construction related
products showcased their products and services. QIMC’s
management team, and other high ranking officials
from QIMC’s sister companies were present at the
exhibition.
5. TURKEY BUILD EXHIBITION-ISTANBUL: QDB allocated
a separate stand for QIMC at the Turkey Build exhibition
during 8-11th May, 2019. Several of the QIMC group
companies showcased their products and services.
QIMC’s management team, and other high ranking
officials from QIMC’s sister companies were present at
the exhibition.
6. GULF GLASS FACTORY CO. (GIZAZ) FINANCING
AGREEMENT: QIMC has announced the signing of
an agreement with Doha Bank to finance its project,
The Gulf Glass Factory (GIZAZ), for the production of
glass containers (bottles and jars). Participating in the
ceremony on behalf of the Gulf Glass Factory Company
was Mr. AbdulRahman A. Al-Ansari, Chairman of GIZAZ
and CEO of QIMC, and on behalf of Doha Bank, it was
Dr. Seetharaman, CEO. Top officials from both sides
attended the function.
7. INFRA OMAN EXHIBITION – OMAN MUSCAT: QIMC’s
group companies manufacturing construction related
materials were exhibited under QATAR PAVALION
organized by QDB in Infra Oman Exhibition held 7-9th
Oct., 2019. QIMC group companies showcased their
products and services. QIMC’s management team, and
other senior officials from QIMC’s sister companies were
present at the exhibition.
8. CITYSCAPE QATAR: QIMC prestigious Corniche Park
Towers (Tarweej) real estate project was launched at the
Cityscape Qatar Exhibition held during 22-24 October,
2019 at Doha Exhibition and Convention Centre. The
launch ceremony was attended by Mr. AbdulRahman Al-
Ansari, CEO and other high ranking officials from QIMC.
The Real Estate arm (Tarweej) of QIMC put up a grand
stand-alone tableau at the event.