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16 more factories set up in first quarter this year

16 more factories set up in first quarter this year
10 Jun 2021 - 8:07
File photo used for representation only.
Ayeni Olusegun/ The Peninsula
The manufacturing industry has contributed over QR10bn to Qatar’s GDP in the fourth quarter of 2020, according to a tweet by the Ministry of Commerce and Industry (MoCI).
The infographics posted on the Ministry’s official Twitter handle also indicate that Qatar added 16 new factories to its manufacturing sector.
A recent KPMG report stated that Qatar’s efforts to promote local manufacturing are expected to boost production value for the sector by approximately 30 percent in the next few years. The growth in the industry would create over 100,000 job opportunities by 2025, the report added.

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