Warehousing for project materials
Govt. is keen to promote SME (small & medium businesses) in the country so that they could generate fresh jobs and non oil related incomes. In view of that, the govt. has recently agreed to give 900 plots to the businesses that requires storage for their imported items, which is a good move in the right direction. However given the high rentals due to shortage of warehouses, a lot more is needed to be done, perhaps on large scale. An estimate suggests that around 10,000 warehousing plots are needed in order to cater to the needs of WC projects.
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Exactly.. Just as I thought. but while the demand is so high and business so good we have some stupid logistics companies not grabbing the opportunities to expand or to develop new solutions for this line of business and some of this logistics companies are even terminating and deporting employees saying no business, no new contracts, recession, etc...... Looks to me like the guys at the top at such organizations are just warming their chairs and feeding off existing business
Very encouraging .....
Fri, 27.12.2013 , 11.04 hrs