Rolls-Royce and Qatar to invest billions in UK green engineering

  • Date: 01-Nov-2021
  • Source: The Guardian
  • Sector:Oil & Gas
  • Country:Qatar
  • Who else needs to know?

Rolls-Royce and Qatar to invest billions in UK green engineering

The engine-maker Rolls-Royce has entered into a long-term partnership with the Gulf state of Qatar to invest billions in green engineering projects, to fund entrepreneurs finding new ways to help transition to net zero.

The deal will include the creation of about 1,000 jobs at two campuses – one in northern England and one in gas-rich Qatar – where climate technology businesses will be created, launched and developed.

It is hoped that a further 10,000 roles will be created at the businesses launched at the campuses and in the wider clean-tech economy.