FINANCIAL NEWS

Korea, Qatar USD34m LED project on the road

25 Aug 2016

(MENAFN) The USD34mn light emitting diode (LED) plant is ready to be built in Qatar, which will produce 500.000 units annually.

Additionally, the construction of the plant is predicted to start either at the end of the year or in the beginning of next year.

Moreover, S. Korea will establish a research institute in Qatar aimed at offering many training programs on research and development for Qataris.

A Korean SME and a Qatari firm will have a mutual venture in order to build a plant that will generate building moulds.

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