Qatar Solar Technologies (QSTec) is building a polysilicon production plant in Ras Laffan Industrial City. Initially the plant will produce 4,000 metric tons of polysilicon per year and it is designed to expand as demand grows. QSTec was launched in March 2010 as a joint venture between Qatar Foundation, SolarWorld AG and the Qatar Development Bank. QSTec aims to become one of the world’s leading integrated solar companies, with its products used locally in Qatar and exported globally, ensuring a sustainable industry for Qatar beyond the country’s natural oil and gas capabilities.