Qatari factories adopting circular economy to reach 35% by 2030
The Peninsula
Doha, Qatar: Minister of Commerce and Industry (MoCI) Strategy and Qatar National Manufacturing Strategy 2024 2030 are set to achieve sustainable econ...
Doha, Qatar: Minister of Commerce and Industry (MoCI) Strategy and Qatar National Manufacturing Strategy 2024-2030 are set to achieve sustainable economic growth and enhance the business environment in Qatar by promoting sustainable manufacturing and circular economy principles; developing and supporting national industries.
Qatar National Manufacturing Strategy 2024-2030 which was launched recently will improve Qatar’s position on the Competitive Industrial Performance Index (CIP) to be among the top 40 countries globally. It will also increase the percentage of highly skilled labour to 26.5 percent of the population and raise the percentage of Qatari factories adopting circular economy practices to 35 percent by 2030.
It priortises a transition toward smart and green industries and aims to foster research and development to boost more productivity, align education outcomes with the labour market needs and increase the participation of Qatar’s workforce in this vital sector.
Some of the projects include conducting a study to design recycling value chains and raise awareness of the circular economy principle; creating opportunities for investment in recycling by analysing available waste-related data; and launching incentive programmes to increase adoption of circular economy principles.