A new mechanism for activating the participation of the private sector Research and Development

HE Ali bin Ahmed Al Kuwari, Minister of Trade and Industry, affirmed the government's efforts to enhance the participation of the private sector and its role in local development. "In this regard, Qatar is developing a comprehensive partnership framework between the public and private sectors," he said in an interview with oxfordbusinessgroup. In line with international best practice. This will help the private sector participate in lucrative projects while ensuring that they are delivered to the government at a significantly reduced cost through a combination of risk sharing arrangements and cost containment. Within this framework, the Ministry of Trade and Industry has formed a governance mechanism that facilitates the participation of the private sector in various infrastructure projects. Adding that many initiatives designed to attract investments in key projects have already been implemented. These initiatives are expected to attract billions of direct investment as part of Qatar's transformation into a regional logistics hub and encourage the private sector to participate effectively in industrial activities. Similarly, the Ministry of Trade and Industry is also leading the development of government policies on industrialization and the promotion of national industries through the development and expansion of industrial zones.