Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani has ensured that the country’s private sector will continue its role as an engine of economic growth and “a real contributor to the country’s development march.”
Sheikh Khalifa made the statement in light of His Highness the Amir Sheikh Tamim bin Hamad al-Thani’s “high regard” for the private sector, particularly during his speech at the inauguration of Shura Council’s 50th annual session.
“In his speeches before the Shura Council, His Highness the Amir always refers to the private sector and its role in economic activity,” Sheikh Khalifa stated in the latest edition of Al Moltaqa, the chamber’s monthly economic magazine.
Sheikh Khalifa stressed that the Amir’s speeches reflect “his interest and keenness to develop the private sector, enhance its role in the economic development, and increase its contribution to achieving the goals of Qatar National Vision 2030.”
“There is no doubt that the wise leadership’s insightful vision is of a great advantage to the development of the national economy, and at the same time stresses the key role of the private sector as a basic pillar of the economy, especially that the private sector has been able to make remarkable achievements in all sectors during the Covid-19 pandemic. Thanks to this support, the private sector has successfully been able to overcome the pandemic’s negative repercussions and return to its normal state,” said Sheikh Khalifa.
He noted that the Amir’s speech at the 50th annual session of the Shura Council has summed up the state’s milestones in the previous period and laid a roadmap for the country’s future based on the objectives of Qatar National Vision 2030.
“The speech reiterated His Highness the Amir’s continuous support and interest on the role performed by the private sector as a genuine partner in the inclusive development march Qatar is witnessing,” he emphasised.
Qatar’s economy “gained confidence” following many achievements in various sectors, Sheikh Khalifa pointed out, citing the “notable position and high ranks” that Qatar occupies in many global competitiveness indicators.
Sheikh Khalifa said: “His Highness the Amir’s emphasis on the progress made by the state in regards with the economic diversification, the participation of the private sector in mega projects, and the progress achieved towards building a knowledge-based economy, stressed the soundness of policies adopted by the state to diversify the economy in the presence of a sophisticated infrastructure, stimulating economic legislations, and attractive investment climate.”
He added: “In fact, these accomplishments would not have been possible without these sound policies that facilitated ease of doing businesses, enhanced competition, and encouraged foreign investments. These policies also contributed to a privileged position for the national economy globally, enabling it to attract major international companies to invest in Qatar.”