A team comprising representatives of various stakeholders and relevant authorities was formed to set the terms and conditions for importing fibreglass boats.
About 20 fibreglass boats have been imported to Qatar, accounting for just about four percent of the total number of fishing boats (515), after the decision was issued.
This year, demand for the material is expected to be 25% higher than in 2009, at a time when fibreglass is in short supply, meaning prices could soar.
China is set to play an increasingly important role in this sector, as producers including China Fiberglass already supply about half the world's fibreglass.
Gilbert Chomarat is the former chairman of the French-based Chomarat Group, a 100-year-old company and a global leader in the production of reinforced fibreglass composites for the transport, aviation and construction sectors
Ilium will manufacture and distribute reinforced fibreglass using a new process technology, which was designed, developed and patented by Chomarat.
However, recent advances in the manufacturing process have allowed a price breakthrough, therefore making the benefits of fibreglass available to all ladder users.
One of the major advantages of fibreglass is the fact that it is non conductive and therefore safe to use near electrical equipment.