Hassad Food, under the directives of HE the Prime Minister and Minister of Interior, has established a subsidiary Aswaq to manage the three central markets in Al Wakrah, Umm Salal and Sailiyah.
Aswaq for food facilities management — a subsidiary of Hassad — will manage and operate the three central markets in co-ordination with the Ministry of Commerce and Industry, Hassad Food has said in a statement.
Hassad CEO Mohamed Badr al-Sadah said, “It’s our pleasure to announce the establishment of the new company: Aswaq for food facilities management. The company will develop and manage all three central markets to ensure that the needs of the traders, producers and customers are all met.”
The central markets are scheduled to open before the end of the year. Aswaq has already outlined the allocation process and evaluation criteria as well the tenants’ obligations, which will be announced soon.
Mohamed Ghaneem al-Kubaisi, the newly appointed general manager of Aswaq, said: “We will give primacy to local produce in all three central markets, with the aim of achieving the national vision and to contribute to the country’s self-sufficiency efforts.”