"Qatar is planning an enormous museum of international modern and contemporary art, and will soon have its very own Art Basel fair. It is also now preparing to build the Gulf region's largest full-service storage and logistics facility for fine art. To create the new facility, QC+, a strategic partner with Qatar Sports Investments (QSI) and Art Basel in presenting the upcoming Art Basel Qatar, has teamed up with the logistics and supply chain provider, Gulf Warehousing Company Q.P.S.C (GWC)."
"Its location will be close to Hamad International Airport, in a designated free zone, which means artworks can be stored and traded while legally remaining outside the country's customs territory. Other such freeports exist in Geneva, Luxembourg, Singapore, and the state of Delaware in the US. (Qatar has two primary free zones for other industries: the Ras Bufontas Free Zone (Airport Free Zone and the Umm Alhoul Free Zone (Seaport Free Zone).)"
Qatar is planning a major museum and preparing to build the Gulf region's largest full-service storage and logistics facility for fine art. QC+, a strategic partner with Qatar Sports Investments and Art Basel, has teamed with Gulf Warehousing Company (GWC) to create a facility offering art preservation, storage, conservation, and viewing rooms. The site will be near Hamad International Airport in a designated free zone, allowing artworks to be stored and traded while remaining outside the country's customs territory. QC+ and GWC characterize the project as evidence of a mature regional art market and a benchmark for integrated art infrastructure. The facility is intended to service the wider Gulf; Dubai is in talks to build a freeport.
Read at ARTnews.com
Unable to calculate read time
Collection
[
|
...
]