- The Qatari government has implemented a comprehensive strategy to support and empower the private sector, aligning with the Qatar National Vision 2030 objectives.
- The MOCI and Invest Qatar have partnered to hold an annual government sector forum to address the challenges facing the private sector and present a vision for the future.
- The government is committed to improving the regulatory framework, removing obstacles to business growth, and creating a competitive and attractive business environment for both local and foreign investments.
The Qatari government has unveiled a comprehensive strategy to empower the country’s private sector and foster economic growth. The Ministry of Commerce and Industry (MOCI) has partnered with the Investment Promotion Agency Qatar (Invest Qatar) to hold the second annual government sector forum, where they discussed the outcomes of the roundtable project with the private sector.
The event aimed to review the previous year’s achievements and present a comprehensive vision for the future plan to address the challenges facing the private sector. This initiative is part of the MOCI’s unwavering efforts to improve the business environment and enhance economic competitiveness in the country, in alignment with the Qatar National Vision 2030 objectives.
Saleh Majid Al Khulaifi, the Assistant Undersecretary for Industrial Affairs and Business Development, hailed Qatar’s remarkable economic growth across various sectors. He highlighted that the government has adopted ambitious plans to support and empower the private sector, recognizing its pivotal role in stimulating the economy and driving growth.
According to Al Khulaifi, the Third National Development Strategy 2024-2030 adopts a new approach based on bold and rapid reforms to improve the business environment. The strategy aims to achieve a positive shift in the economic growth model, enhancing the role of the private sector as the main driver of the economy.
Ayedh Manahi Al Qahtani, the Assistant Undersecretary for Commerce Affairs at the MOCI, emphasized the importance of strengthening strategic partnerships between the government and the private sector to address the challenges facing business development in Qatar. The MOCI is committed to improving regulatory frameworks and removing obstacles to business growth, contributing to creating a competitive and attractive business environment for local and foreign investments.
During the forum, Invest Qatar presented an overview of the investment climate in Qatar and the key improvements made over the past year to enhance the business environment. The MOCI also shared the achievements of the Roundtable Project, reviewing the challenges facing the private sector and the most prominent opportunities available to improve the business environment through continuous collaboration with relevant authorities.
