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QNA
Doha
The Ministry of Transport and Communications (MoTC) organised a workshop to promote private sector’s participation in the country’s transport projects.
The workshop ‘Private Sector Participation Strategy for Qatar’s Transport Projects in Qatar’ saw the participation of the Ministry of Finance, Qatar Chamber, Qatar National Bank (QNB) and Qatar Businessmen Association.
Director of the MoTC Technical Affairs Department Sheikh Mohammed bin Khalid al Thani said the strategy reflects the vision of the wise leadership in supporting the private sector in making it a fundamental asset for the national economy by involving it in nationwide development process.
“This is within the State’s keenness to develop policies, standards, regulation and programmes that encourage the private sector’s participation in Qatar’s economic development projects,” he said.
He said the MoTC has given an ideal example of promoting a broader private sector participation in mobility projects.
“This helps enrich Qatar’s private sector investment approach and thereby localise expertise and applied technology,” he said.
He added that the workshop aims to clarify the great efforts that are being made by the ministry to involve the private sector in the implementation of projects and to present these efforts to the largest group of stakeholders, in addition to ensuring the adoption of projects that add real value to the development of Qatar.
“It is time to expand the private sector participation in all eligible government projects, particularly transport and communication projects suitable for this partnership,” he said.
He stressed the importance of an environment, legal and regulatory framework to ensure the success of such effort, as well as encouraging all relevant parties to develop an appropriate legal environment that supports the strategy of private sector participation in State projects.
The ministry had finalised a consultancy study on the project ‘Private Sector Participation Strategy for Qatar’s Transport Projects in Qatar’.
The new strategy includes an all-inclusive guide that explains the framework and mechanism of the private sector’s participation in rail, land, maritime and aviation transport projects.
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06/12/2018
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