QC Chairman: PPP Law boosts pvt sector’s role in the development

07 July 2020

Qatar Chamber Chairman HE Sheikh Khalifa bin Jassim Al Thani said that the issuance of PPP law represented a confirmation from the Wise Leadership and esteemed government on the leading role of the private sector in the state’s sustainable development.

Stressing the role of the new law, Sheikh Khalifa noted that it constituted a strong push for the private sector to implement its role as a genuine partner to the public sector in the development march.

Speaking at the opening session, Sheikh Khalifa noted that the Chamber played a key role in highlighting the idea of issuing a law regulating the PPP, pointing out that it held a conference on this issue in 2009, which recommended the need for a legislation governing partnership between the two sectors.

He also noted that the law provides the opportunity for offering more joint projects in various economic sectors, affirming that partnerships projects contribute to enhancing economic development and attracting more investment, especially that the private sector has become able to play a greater role in economic development, which is one of the key pillars of Qatar National Vision 2030.

QC Chairman outlined that issuing the PPP law would have a significant impact on activating the private sector and accelerating the initiation and implementation of projects.

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