GWC showcases world-class infrastructure and readiness for FIFA World Cup™ as UPS visits logistics facilities

October 11, 2021

Strong economic growth and a strategic location are among the key advantages that reinforce Qatar as a trade and investment hub in the Middle East. The country’s logistics market has been growing steadily over the past five years – it is estimated to be valued at more than USD 7.5 billion and is estimated to register a CAGR of more than 7% during 2021-2026. The growth of the market can be attributed to the new expansion plans as the country is hosting the 2022 FIFA World Cup™.[1]

With massive investment in infrastructure, numerous new projects, and an e-commerce boom, Qatar’s logistics sector has been expanding rapidly, a development that GWC is committed to support as a leading logistics provider and the Authorized Service Contractor of UPS in Qatar.

Following the recent launched of its logistics hub in Qatar’s Ras Bufontas Free Zone, GWC welcomed Scott Price, President, UPS International, reaffirming a long-lasting business relationship.

A marque of GWC Group

UPS’s leadership visit comes at a time when the nation is gearing up for the FIFA World Cup Qatar 2022TM for which GWC plays the role of Regional Supporter and Official Logistics Provider.

Price began his visit by taking a tour of the GWC Logistics Hub and UPS Customer Centre at the Ras Bufontas Free Zone. This facility with its world class infrastructure, including temperature-controlled warehouses and frozen storage chambers, offers unmatched logistical and last mile delivery options to the aviation, pharmaceutical and events industries including FIFA World Cup Qatar 2022TM.

Price met up with GWC Chairman Sheikh Abdullah bin Fahad Al Thani and Ranjeev Menon, Group CEO to discuss the dynamic logistics sector in Qatar, the work being done by GWC and ways to collaborate in the future.

Speaking about the importance of the logistics sector for Qatar, Sheikh Abdullah bin Fahad Al Thani, Chairman, GWC, remarked, “Qatar is becoming one of the fastest-growing markets worldwide for logistics and has become a favoured destination for international investors. Qatar is not only resolute about becoming a global trading hub, but it is also focused on attracting FDI that will take its logistical capabilities to the next level and GWC is primed to be a part of this journey. With our focus on digital transformation, innovation and sustainability we have been able to adapt to circumstances with agility and will continue to do so.”

Expanding on this thought, Ranjeev Menon, Group CEO, GWC, added that the improving logistics environment has played a critical role in making it increasingly easier to import and export goods to and from the state. “As the transport and logistics sector continues to enjoy infrastructure investments and new projects, there could be more opportunities for the logistics sector. GWC is committed to making processes time-sensitive, quality-centred, customer-driven and efficiency-bound. This is where a partner like UPS gives us the opportunity to build trust, expand, and offer seamless services to our clients, especially the MSMEs”

He further commended the commitment shown by UPS in delivering Covid-19 vaccines. “At GWC, we recognize UPS’s smart global logistics network, its synchronised teamwork and expertise in healthcare logistics to deliver Pfizer-BioNTech COVID-19 vaccines in Qatar, which requires ultra-cold chain storage. In fact, their delivery of these vaccines by drones in the US or in Ghana is another feather in their near-perfect delivery service.”

Price also took a tour of the GWC’s flagship Logistics Village Qatar, which has set a new benchmark in logistics infrastructure. Speaking about his visit and the partnership with GWC, Price said, “Through our relationship with GWC, UPS’s Authorized Service Contractor in Qatar, we are delivering what matters for businesses looking to export and grow, with sustainable solutions and our smart global logistics network. We have witnessed first-hand GWC’s logistic prowess and Qatar’s growing clout as an international trading hub. Working with GWC, we will help Qatar continue to develop and meet its changing needs as it grows within the global economy.”

UPS is one of the world’s largest package delivery companies providing a broad range of integrated logistics solutions for customers in more than 220 countries and territories. Commitment to a sustainable world and a focus on ESG milestones is an important aspect of UPS’s mandate.

GET TO KNOW
GWC AND LDA SIGN SHIP OWNING AGREEMENT
July 2023
GWC AND LDA SIGN SHIP OWNING AGREEMENT
GWC, Qatar’s leading logistics and supply chain solutions provider, has signed a teaming agreement with renowned global leader in the maritime industry Louis Dreyfus Armateurs (LDA) to form a strategic partnership to support offshore energy services. The signing took place at LDA’s Paris headquarters and was attended by Ranjeev Menon, Group CEO, GWC, and Kamil […]
GWC GROUP APPOINTS EXECUTIVE DIRECTOR FOR ENERGY LOGISTICS SERVICES
July 2023
GWC GROUP APPOINTS EXECUTIVE DIRECTOR FOR ENERGY LOGISTICS SERVICES
  GWC has appointed Mr. Madhu Vallur to spearhead its energy division in a move which reinforces long-term commitment to the Energy Sector, signaling expansion plans. Mr. Vallur, who will be GWC as Executive Director for its Energy Division, will provide strategic leadership, setting new standards in integrated shipping, logistics and marine services. He will […]
GWC ENERGY TO BOLSTER GLOBAL OIL AND GAS INDUSTRY
July 2023
GWC ENERGY TO BOLSTER GLOBAL OIL AND GAS INDUSTRY
New subsidiary of GWC Group set to become the preferred choice for energy projects. GWC Group has illustrated its unwavering commitment to facilitating the growth and development of Qatar’s energy industry by unveiling a new subsidiary that will support increased demand for energy across the globe. GWC Energy W.L.L will deliver solutions to clients in […]
GWC releases Q1 results
April 2023
GWC releases Q1 results
GWC (Q.P.S.C.), Qatar’s leading logistics provider, announced its financial results for the first quarter of 2023. During the three-month period ending 31 March 2023, the company posted net profits of QAR 61.5 million. The company gross revenues registered QAR 412.7 million, earnings per share of QAR 0.105, and total assets of QAR 4.8 billion for […]
GWC awarded the ISO 31000:2018 Record of Verification Certificate
March 2023
GWC awarded the ISO 31000:2018 Record of Verification Certificate
GWC was awarded the “ISO 31000:2018 Record of Verification” certification by LRQA for Enterprise Risk Management (ERM) System, after a thorough assessment, which found the company in full compliance with the guidelines provided by ISO Risk Management Standard. This certificate is an internationally recognized standard that ensures that a company is managing “risks” effectively and […]
GWC Holds its Ordinary and Extraordinary Assembly General Meeting
February 2023
GWC Holds its Ordinary and Extraordinary Assembly General Meeting
GWC Q.P.S.C, the leading logistics provider in the State of Qatar, held its Ordinary and Extraordinary Assembly General Meeting at the GWC Regional Hub, on 19 February 2023 and approved the Group’s financial results for the year ending 31 December 2022. The meeting was chaired by GWC Chairman Sheikh Abdullah Bin Fahad Bin Jassem Bin […]
GWC accredited GCC Authorized Economic Operator (AEO)
January 2023
GWC accredited GCC Authorized Economic Operator (AEO)
GWC has been accredited in the GCC Authorized Economic Operator Program, adding another feather to its cap as it pursues out its mission to deliver unrivaled service to its clients. Following the formal commencement of the GCC AEO Program on 1 January 2023, enabling GWC to function as an authorized economic operator. This comes as […]
GWC announces annual financial results with QAR 239.6 in net profits for 2022
January 2023
GWC announces annual financial results with QAR 239.6 in net profits for 2022
GWC (Q.P.S.C.) has announced its results for the financial year ending 31 December 2022 achieving net profits of QAR 239.6 million, with gross revenues reaching QAR 1.519 billion at the end of 2022, and EPS at QAR 0.41 by the end of the same period. The Company’s Board has recommended QAR 0.1 cash dividend to […]
GWC Celebrates the Success of FIFA World Cup Qatar 2022™
January 2023
GWC Celebrates the Success of FIFA World Cup Qatar 2022™
2022 was a year of triumph, and it culminated in an unforgettable celebration: the best FIFA World CupTM in history. For GWC, the leading logistics provider, it was an endorsement of the company’s confidence in delivering seamless logistical execution of hosting the FIFA World Cup Qatar 2022TM. GWC celebrated the success with honoring the outstanding […]
Smooth FIFA World Cup™ operations highlight Qatar’s ability to host outstanding mega-events
December 2022
Smooth FIFA World Cup™ operations highlight Qatar’s ability to host outstanding mega-events
GWC outline extensive logistics mandate during Qatar 2022™ as the country looks forward to hosting more major international mega-events in the future. The resounding success of the FIFA World Cup Qatar 2022™ lays a platform for the country to host major international events long into the future. The tournament will also significantly boost the development of […]