Manateq, a leading developer of special economic zones and logistics parks in Qatar, said it has joined forces with Ismail Bin Ali Group (IBA) to build a new residential complex for workers in the Ras Bufontas area of Qatar.

The new facility, to be set up on a 150,000-sq-m area at an investment of QR550 million ($151 million), will be able to accommodate up to 8,784 employees working in the various factories and warehouses within Ras Bufontas special economic zones (SEZ).

As per an agreement signed with Manateq, the IBA Group will be constructing and managing the facility on a build, operate, transfer (BOT) model, for 25 years.

Designed to enhance the overall experience for both employees and employers, it will include worker, supervisor and technician accommodations in the form of fully-equipped rooms, one and two-bedroom apartments, said the Qatari developer.

The complex will also boast several key indoor and outdoor recreational facilities and community areas besides catering, laundry and training units and a mosque.