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Ras Laffan Industrial City made US 70 billion in investments

April 18/2011

(Arabian Oil and Gas) -- Qatars Ras Laffan Industrial City (RLIC) is estimated to have made US$70 billion in investments to date according to its director. Abdul Aziz Jassim Al Muftah said that the city is still pursuing its planning and development programme in infrastructure of its existing industries, future hydrocarbon industries associated with LNG and support services industries.


Speaking with the Qatar News Agency, Al Muftah said that a number of major projects were slated for implementation this year, including a solar technology project to produce polysilicon and the Barzan gas company for supplying gas mostly to the domestic market, and feeding the industrial and desalination requirements.


RLIC continues to expand further with Qatar Petroleum maintaining oversight over its growth, said the director. In an updated plan for the major industrial zone, Al Muftah said that it would be expanded to cover a total area of 295 square kilometres which more than doubles its current size, helping it meet and secure the needs of Qatars growing hydrocarbons industry over the next 30 years.


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