Qatar’s PPP Law would significantly contribute to accelerating the country’s massive infrastructure development and providing greater support for private sector and foreign investments, noted Qatar Chamber general manager Saleh bin Hamad al-Sharqi.
The law paves the way for the launch of several investment projects in Qatar in various sectors including healthcare, sports, tourism, and education, al-Sharqi said in an interview with ‘The Business Year: Qatar 2021’.
The partnership between public and private sectors will help in fostering Qatar’s position as a leading international centre for business and investments, as well as supporting the implementation of projects connected to the Qatar's 2030 Vision and the 2022 World Cup, al-Sharqi said.
According to al-Sharqi, the “involvement of the private sector in PPP projects will be greater in the upcoming period, especially that the private sector enjoys substantial support from the wise leadership and the Qatari government.”
He said the law enables benefiting from the private sector’s administrative and technical competencies and financing capabilities in joint projects with the public sector.
Al-Sharqi stressed that Qatar Chamber’s interest in developing the SMEs was based on its importance in country’s economic development and job creation in the local market.
“Continuing co-ordination and co-operation exist with QDB and other bodies that provide support to SMEs,” he said.
In reply to a question about Qatar Chamber’s priorities in the medium-term in respect of new initiatives and services, he noted that the chamber launched a host of services and initiatives that are of significant advantage to the interests of the private sector.
These include the launch of many electronic services on Qatar Chamber’s website such as issuing certificates of origin and document attestation.
He commended the role played by Qatar Chamber’s sectoral committees through coordination with relevant bodies in the country to address issues that are related to the private sector and find solutions for obstacles faced by its members.