Qatar Development Bank (QDB) has announced the 30-day registration for Al Furjan Markets Phase 1 raffle draw to award retail space. Interested Qatari citizens may apply using the Al Furjan mobile app from October 21, QDB noted.
QDB said this is the first raffle draw to be held under its wing, while the previous draw was conducted by the Ministry of Economy and Commerce (MEC). Using the mobile App, which is available on Google Play and Apple Store, interested parties could compete over 45 retail stores during Phase 1.
QDB CEO Abdulaziz bin Nasser al-Khalifa said the mobile application ensures the proper application of governance procedures and the systematic acceptance of applications. It also features new procedures to facilitate the submission process and convert it to an integrated electronic system, without preference for older applicants.
Al-Khalifa said: “Upon the citizens’ requests, QDB has managed to link the market’s PIN number with the applicant’s PIN number, giving priority to applicants who are within the market zone. In order to be included the priority list, the applicant must attach property ownership papers or other similar documents.”
He added: “In compliance with the principle of equal opportunity, and in order to give a chance to people who have not yet benefited from the project, the raffle draw numbers were linked to the personal phone numbers and identity cards of the applicants. Existing tenants cannot apply to this raffle as their registered IDs will be verified through the application process and thus rejected.
“Our aim through this project is to provide and establish all values of transparency and integrity, therefore an external auditing firm has been appointed to oversee the electronic system of the raffle draw and a committee from various government sectors has been formed to oversee all rules and regulations related to the raffle.”
The Al Furjan Markets project is a unique initiative launched in collaboration with a number of the government sectors, in co-operation with QDB, which is handling all construction and administrate work for the project.
The initiative is considered one of Qatar’s strategic projects and is intended to support the country’s commercial sector as part of the development of a sustainable economy in line with the Qatar National Vision 2030 to create a diverse permanent economic environment.
The motivation behind the project is the predicted increase in population within the city of Doha and its surroundings. The retail mix has been devised to cater to the most important needs.
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