A LED plant valuing US $34 million that will be constructed in Qatar soon, will be initially have an annual production capacity of 500,000 units, said South Korean ambassador Heung Kyeong Park.

According to The Gulf Times report, the ambassador made the remarks at the Korean embassy in Doha on Tuesday.

The LED plant will be specifically manufacturing LED lights tailored for the Middle East and North African market, and will be collaborated with Korean LED consortium and a Qatari counterpart.

Heung projects the plant construction will start at the end of the year or early next year after final talks between the two parties are concluded. “This is part of our efforts to further enhance cooperation between the Qatari and South Korean small and medium enterprises (SMEs),” he said.