Qatar is preparing for an era of transformation and growth in alignment with the Third National Development Strategy (NDS-3). Over the past decade, the State has witnessed considerable progress and is in the process of transitioning from a hydrocarbon-based economy to a knowledge based diversified one.
National Development Forum
Such diversification efforts were highlighted at the recently staged the National Development Forum, which is a catalyst for strategic alignment between both public and private sectors. As part of NDS-3, public-private partnerships (PPPs) play an important and integral role in enabling the country’s transformation. As Qatar enters a new chapter under the NDS-3, the forum has helped increase private sector engagement and raised awareness of new opportunities. Most importantly, by bringing together key stakeholders, including government institutions, local enterprises and international partners, the forum encourages increased private sector participation in national development. As a result, this collaboration is essential for leveraging private sector expertise, resources and innovation to achieve NDS-3 targets.
Aligning with the Qatar National Vision 2030
Furthermore, such engagement has also enabled the private sector to advance its strategies and further align with national goals as part of the Qatar National Vision 2030. Moreover, increased practical discussions around policy reforms, commercial licensing and investment opportunities will encourage positive results.
In addition, the forum supports sector-specific initiatives, ranging from healthcare and education to tourism and LNG production. In turn, such initiatives contribute to Qatar’s economic diversification and job creation efforts while also facilitating innovation and investment led-growth. Accordingly, these initiatives ensure that the private sector plays a transformative role in Qatar’s economic development. As a result, the National Development Forum plays a central role in enabling organisations to contribute to the realisation of the Qatar National Vision 2030.
Trust Soutien for your Qatar Business Requirements
Soutien Group is part of a network of consultants, partners and investors. Our clients are corporate, private and international with an interest in exploring new markets. We can offer expertise in Market Research and Assessment Qatar, Qatar Business Case, Qatar Business Model Development, Feasibility Study and Business Plan Qatar, Organizational and Operational Structuring Qatar, Qatar Sponsorship and Partnership, Company Formation Qatar among others.
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