Frequently Asked Questions
What is the Land and Industrial Loan Initiative?
It is an initiative that aims to streamline the process of establishing industrial projects by providing a unified platform for applying for industrial licenses, industrial land allocation, and financing requests. Through this initiative, the Ministry of Commerce and Industry issues industrial licenses and allocates land for promising industrial projects, demonstrating economic feasibility and adding value to the local economy. These lands are offered in varying sizes to accommodate the establishment of factories. Simultaneously, Qatar Development Bank (QDB) finances industrial projects that are economically viable and contribute value to the national economy.
How can I apply for the Land and Industrial Loan Initiative?
You can submit your application through the Single Window Platform using the following link:
https://investor.sw.gov.qa/
What about industrial project owners who already have preliminary approval and commercial registration?
If you already have a valid commercial registration and preliminary approval, you can submit the required documents through the Industrial Development Department at the Ministry of Commerce and Industry, located in Lusail – Tower B – 4th Floor.
What documents are required when applying?
- Feasibility study for the industrial project.
- Engineering plan for the industrial land, including total area of the factory, area of the administrative building, production area, production line area, storage area for raw materials and final products, and open spaces.
- Audited financial statements (for existing companies/factories, if available) or a financial solvency certificate demonstrating the investor’s ability to complete the project.
What are the requirements for the feasibility study?
The feasibility study must include the following three components:
- Market feasibility study.
- Technical and operational feasibility study.
- Financial feasibility study.
What is a financial solvency certificate, and how can I obtain it?
It is a certificate that reflects your financial capacity and ability to fund your project. You can obtain it by receiving a letter from the Ministry of Commerce and Industry and submitting it to your bank.
How can I finance my industrial project?
You have the flexibility to finance your project through one of the following options: self-financing, a loan from any bank, or QDB.
What documents are required to obtain financing for my industrial project from Qatar Development Bank?
- Financial solvency certificate (Bank Comfort Letter): This certificate reflects the client’s financial capability and readiness to secure funding for the implementation of the project on the allocated land.
- Credit Bureau Consent: An approval allowing the bank to access your credit records provided by Qatar Credit Bureau.
- Curriculum Vitae (CV): A detailed profile of the project owner to ensure they have the expertise to operate the factory.
- Net Worth Statement: A statement reflecting the net value of the client’s assets, minus their liabilities.
All these documents can be obtained and completed through the Ministry of Commerce and Industry.
Will Qatar Development Bank finance 100% of my project’s total value?
Qatar Development Bank finances up to 60% of the project’s value, depending on the investor’s financial solvency. The investor is expected to cover the remainder through personal financing sources (assets or cash liquidity).
What is the expected timeframe for processing the application?
The application review process is planned to take no more than 4 weeks, with the possibility of completing it in a shorter time.