Home GCC Qatar Qatar to invest billions in UK green technology site The country is planning to build a science and engineering campus in the north of England by Bloomberg November 4, 2021 Qatar plans to launch a fund to invest billions in new green engineering projects in the UK in partnership with Rolls-Royce, according to a report in the Sunday Times newspaper. The Middle Eastern state is planning to build a science and engineering campus in the north of England that would host green technology startup companies, the report said. Rolls-Royce will make its laboratory and manufacturing resources available to the startups and take shares in some of the projects. The fund aims to create five “unicorn” companies – startups worth $1bn – by 2030 and up to 20 by 2040. Feasibility studies are to be completed by mid-2022, the paper said, citing a person close to the project. Newcastle is a front-runner to host the project but the location is far from being decided, the newspaper said, citing anonymous people. Tags England Qatar Rolls-Royce startups 0 Comments Share Tweet Share Share You might also like Qatar adds UAE, UK to travel red list Qatar orders six gas ships from South Korea to boost exports US backs $650m air-to-air missile sale to Saudi Arabia MENA’s proptech landscape: Primed for growth?