CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

QC to hold conference on July 7 to discuss opportunities, challenges of newly-issued PPP law

Published: 24 Jun 2020 - 08:30 am | Last Updated: 09 Nov 2021 - 11:33 pm

The Peninsula

Qatar Chamber (QC) yesterday announced that it would hold the “Conference on Development of Public-Private Partnership” (PPP) on July 7 (Tuesday) under the patronage of Minister of Commerce and Industry H E Ali bin Ahmed Al Kuwari and QC Chairman Sheikh Khalifa bin Jassim Al Thani.

QC also said that the conference was scheduled to be held in March, but it was postponed due to the precautionary measures taken to curb COVID-19. The conference, which is being organised by Al Mashoura Advertising via video conference technology, aims at raising awareness among business sectors about Law No. 12 of 2020 regulating the partnership between public and private sectors, issued by the Amir H H Sheikh Tamim bin Hamad Al Thani last May.

On his part, QC Director General Saleh bin Hamad Al Sharqi said that the conference expected to be attended speakers from the public and private parties and will see the participation of businessmen, representatives of government bodies and experts from various countries. He noted that it aims at examining opportunities and challenges resulted from the law, reviewing the international best practices and experiences in partnership, as well as discussing many research studies on conducted on partnership and what the private sector expect from the partnership.

He said that the PPP law enhances the economic and investment environment which witnessed great development, especially after the issuance of many new economic legislations such as the law regulating the Non-Qatari Capital Investment in the Economic Activity, the Unified Register Law, the Anti-money Laundering and terrorism Financing Law, the law on supporting the competitiveness of national products and combating harmful practices to them in international trade, the Law on the regulation of nonQatari ownership and utilisation of real estate, the Industrial Zones Law and other legislation and laws that have contributed to making Qatar a future for global investments.

Al Sharqi pointed out that during the conference, ideas will be exchanged on enhancing the partnership and the sectors that may attract partnership projects between the two sectors. He expressed his hope that this partnership will accelerate the introduction of governmental projects and push forward the economic development, in addition to bringing local and foreign investments to different economic sectors. In 2009, the Qatar Chamber held a conference on partnership that recommended issuing a law that regulates the public-private partnership.