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ARTICLE · 17 OCTOBER 2024

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Industrial Growth Drives Economic Diversification In Qatar

Qatar's industrial sector has been experiencing significant growth, with the number of registered and licensed firms reaching 1,449 during the first half of this year.

QatarStrategy

Qatar's industrial sector has been experiencing significant growth, with the number of registered and licensed firms reaching 1,449 during the first half of this year.

According to the Ministry of Commerce and Industry (MoCI), 966 firms were registered and 483 industrial licences were issued, amounting to a total investment of QAR233.14 billion (c. USD64 billion) and production valued at QAR2.56 trillion.

The top industrial sectors in Qatar by number of firms include fabricated metal products (216), non-metallic mineral products (217), rubber and plastics products (198), food products (169) and chemicals (124). In terms of investment, the leading sectors are coal and refined petroleum products, chemicals, basic metals, transport equipment and non-metallic mineral products.

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