Qatar’s industrial sector witnesses robust growth
The Peninsula
Doha: Qatar s industrial sector has witnessed robust growth as the number of registered and licensed firms in the country reached 1,449 in the current...
Doha: Qatar’s industrial sector has witnessed robust growth as the number of registered and licensed firms in the country reached 1,449 in the current year.
The official data by the Ministry of Commerce and Industry (MoCI) on its industrial portal reveals the number of registered firms stood at 966; licenses issued for industrial firms totalled 483, total investments in the companies reached QR233.136bn and the value of production amounted to QR2.563 trillion.
The portal shows the top five sectors by number of firms which include manufacture of fabricated metal products, except machinery and equipment (216); manufacture of other non-metallic mineral products (217); manufacture of rubber and plastics products (198); manufacture of food products (169); and manufacture of chemicals and chemical products (124).
While the top five sectors by investment include manufacturing of coke and refined petroleum products; chemicals and chemical products; basic metals; other transport equipment; other non-metallic mineral products; and fabricated metal products, except machinery and equipment.
Qatar is moving forward with steady steps in supporting and empowering small and medium enterprises and localising small and medium industries for their current and future needs in accordance with the best international quality standards to support the national economy.