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FinancialNews
03-09-19
Doha Bank, QIMC ink funding deal
(MENAFN) Doha Bank and Qatar Industrial Manufacturing Company (QIMC) entered a deal for The Gulf Glass Factory (GGF) project which manufactures glass containers.
Under the agreement, QIMC will fund the project which focuses on producing glass containers with different sizes and designs to bottle beverages and foodstuffs.
GGF is being is being design with a capacity of 200 tonnes per day, with an aim to strengthen and reinforce this capacity to stand at an overall of 400 tonnes per day.
Marketing campaigns for the products will be carried out in Qatar alongside some of its neighboring countries, including Jordan, Iraq and Lebanon.
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