The National Development Strategy 2018-22 has put Qatar on a clear path towards economic diversification, and becoming a global economic player and business centre, Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani has said.
Responding to Oxford Business Group’s question as to what extent is Qatar relying on public-private partnerships (PPPs) to drive growth as part of the National Development Strategy 2018-22, Sheikh Khalifa said: “…within the framework of this strategy, the private sector has an essential role to play.
“The government has made significant progress since forming a technical committee to stimulate private sector participation in its economic development. The Technical Committee specialises in several areas, such as the proposal of fields and projects in which both the government and the private sector can participate, as well as suggesting ways to support and stimulate the private sector to participate in such operations.
“Many projects connected to the 2022 FIFA World Cup and the Qatar National Vision 2030 were implemented under the PPP framework, yielding positive results. To further support PPPs, the government also approved a draft PPP law in April 2019 that should pave the way for the launch of several new investment projects in Qatar,” Sheikh Khalifa stressed.
“The government has made significant progress since forming a technical committee to stimulate private sector participation in its economic development. The Technical Committee specialises in several areas, such as the proposal of fields and projects in which both the government and the private sector can participate, as well as suggesting ways to support and stimulate the private sector to participate in such operations.
“Many projects connected to the 2022 FIFA World Cup and the Qatar National Vision 2030 were implemented under the PPP framework, yielding positive results. To further support PPPs, the government also approved a draft PPP law in April 2019 that should pave the way for the launch of several new investment projects in Qatar,” Sheikh Khalifa stressed.
