Tuesday, 02 January 2024 12:17 GMT

Moci, QDB Partner With WEF To Launch Qatar's Advanced Manufacturing Hub


(MENAFN- The Peninsula) The Peninsula

Doha: The Ministry of Commerce and Industry (MoCI) in cooperation with Qatar Development Bank (QDB) launched Qatar's Advanced Manufacturing Hub (AMHUB) in partnership with the World Economic Forum (WEF), and in the presence of representatives from the three parties. The launching ceremony also witnessed the participation of senior Qatari founders of industrial companies and manufacturers.

Through this strategic cooperation, the MoCI and QDB aim to transform Qatar into an advanced economic and industrial hub by enhancing its international connections network.

The platform, which was created for Qatar's heads of industrial institutions, major national companies, and owners of small and medium companies, will provide a collaborative space to discuss the opportunities and challenges facing the industrial sector, as well as to exchange visions, ideas, and experiences about Qatar's industrial and technological capabilities.

The launch of the Advanced Manufacturing Hub in Qatar further cements the country's position as a regional leader in the field.

Among the Qatar AMHUB's tasks is to hone Qatar's manufacturing system, by enhancing its efficiency and accelerating its growth. Thus, the Qatar AMHUB would transform into a niche, comprising a collaborative space and a community where the manufacturing industry leaders come together to discuss challenges within the domain, especially aspects of the Fourth Industrial Revolution trends.

Following the launch and activation of the Hub, a closed roundtable session as well as an SME gathering is scheduled to take place over the coming months.

Qatar's AMHUB is one of 13 platforms that were launched by WEF all over the world aimed at enhancing the future of the industrial sector internationally through knowledge sharing and exchange of experiences, while empowering manufacturers to tackle on challenges such as manpower issues, government policies, and environmental challenges.

 

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The Peninsula

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