Qatar - ALUMINIUM Industry
In 2006 it was announced that government owned oil and gas company Qatar Petroleum (QP), and Hydro, a Norwegian aluminum and renewable energy company, initiated a new aluminum smelter project called Qatalum. The former smelter will be 1.2 million tpy by 2010 and the first phase capacity will be 585,000 tpy. Construction of the smelter is already underway. Qatar plans to
spend about $100bn on various infrastructure and development projects. The state recently unleashed the largest budget in its history projecting a 30 percent increase in revenues. Boosting market sentiment, the government earmarked QR140bn for public expenditures, presumably ahead of hosting the World Cup in 2022.”“Economic expectations for the coming years are optimistic and supported by an ambitious spending plan nearing $170bn to be assigned for the existing projects and the projects planned for the coming 10 years to expand and modernise the infrastructure sector on par with the most advanced worldwide. Industrial Cities
Mesaieed Industrial City (MIC) and Ras Laffan Industrial City are the two main industrial cities in the State of Qatar. The other two are Doha Industrial Estate and Dukhan Petroleum City. MIC was set up to provide the services and infrastructure for all present and future industries in Qatar. The Qatalum project will be established in this industrial base. The Ras Laffan Industrial City is the State’s most recent industrial city and the port at Ras Laffan is the world's largest Liquefied Natural Gas (LNG) exporting facility.
