Today Barwa Real Estate Co has awarded a contract of Qar. 1 billion to build 1st phase of "Motor City" for catering to the used cars business. That shall take one year, and it is just one step in the right direction, but that is not enough. This market has generated lots of revenues to the traffic department and it needed a number of more steps to grow.
Qatar's used car market was considered to be one of the most lucrative markets in the gulf, until recently.
The govt. could have put up the regulations to safeguard the rights of customers as well as the sellers.
Some bad examples should not override this high potential market for the benefit of buyers, sellers and the traffic department.
Today Barwa Real Estate Co has awarded a contract of Qar. 1 billion to build 1st phase of "Motor City" for catering to the used cars business. That shall take one year, and it is just one step in the right direction, but that is not enough. This market has generated lots of revenues to the traffic department and it needed a number of more steps to grow.
Qatar's used car market was considered to be one of the most lucrative markets in the gulf, until recently.
The govt. could have put up the regulations to safeguard the rights of customers as well as the sellers.
Some bad examples should not override this high potential market for the benefit of buyers, sellers and the traffic department.