MOTC FINALIZES KEY STRATEGY ON PRIVATE SECTOR PARTICIPATION IN TRANSPORT INDUSTRY

The Ministry of Transport and Communications (MOTC) has finalized 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.

As the PSP Strategy is now complete, MOTC has prepared a pilot project on a private sector participation in the public transit sector which will be presented to the private sector later this year.

The new strategy reflects the wise vision of HH the Amir Sheikh Tamim bin Hamad Al Thani, for supporting the private sector to make it a fundamental asset for the national economy. This happens by involving it in our nationwide development process, thus achieving Qatar National Vision 2030, HE the Minister of Transport and Communications Jassim Saif Ahmed al-Sulaiti commented on the announcement.

The strategy, he added, also translates the considerable attention from HE the Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa Al Thani, to achieve the vision by enacting the policies, standards, regulation and programs that encourage the private sector's participation in Qatar's economic development projects, and remove the obstructions it encounters.

Source: Government of Qatar