Commerce & Industry Minister: PPP Law enhances integration between both sectors

07 July 2020

Under the patronage of Minister of Commerce & Industry H E Ali bin Ahmed Al Kuwari and Qatar Chamber (QC) Chairman Sheikh Khalifa bin Jassim Al Thani, the first conference on ‘Developing Partnership between Public and Private Sectors’ kicked off on Tuesday.

The conference, held by Qatar Chamber through the video conference technology, saw the participation of about 15 speakers from prestigious local and international organisations.

It aims to raise awareness among the business sector on Law No 12 of 2020 regulating the partnership between public and private sectors.

Addressing the opening session, Minister of Commerce & Industry H E Ali bin Ahmed Al Kuwari said that the issuance a law regulating partnership between public and private sectors at this time constitutes a crucial step in providing the appropriate legislative framework for regulating the private sector’s contribution to the implementation of major development projects.

The minister expressed his sincere appreciation and thanking for HH the Amir Sheikh Tamim bin Hamad Al Thani for his interest and confidence in the private sector and issuance the law No. 12 of the year 2020.
He also thanked the Prime Minster HE Sheikh Khalid bin Khlaifa bin Abdul Aziz for his constant keenness on providing all means that help in supporting this vital sector.

The minster also said that this conference is being held under exceptional circumstances due to the spread of the Covis-19 pandemic, which has affected all world economy’s components and productive sectors, noting that the economic consequences of this pandemic have constituted a strong motive for many countries to take precautionary measures to curb the current crisis and protect the private sector.

Al Kuwari pointed out that thanks to the wisdom of the Wise Leadership, our country has established an integrated strategy based on the concerted efforts of all government agencies to provide a comprehensive package of support for Qatari companies and allocate QR 75 billion as financial and economic incentives for the private sector, including SMEs.

“The stimulus package contributed to mitigating burdens on SMEs and encouraging them to proceed in a way that supports the national economy to continue the march of prosperity toward the implementation of Qatar National Vision 2030,” he added.

The Minister of Commerce and Industry assured that Qatar has adopted the partnership experience for several years, especially in implementing of logistics, food security, health and education projects.

Underlining the importance of the PPP law, the minister said that it boosts the complementary relationship between the governmental and private sectors, adding that it provides a regulatory framework for the contractual relationship forms between both parties.

The minister stressed that his patronage for the conference reflects his trust in the private sector and its role as a real partnership in the state’s economic development.

He hoped the conference would help in discussing ways to prepare national companies to take advantage of partnership opportunities, highlight the advantages of the new law and strengthen communication between concerned people from the government and private sectors to establish integrated mechanisms for implementing innovative national projects that meet the needs of citizens and residents and allow for a bright future for the coming generations.

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