QATAR CONSIDERS ENTREPRENEURSHIP A STRATEGIC PRIORITY, MINISTER OF ECONOMY SAYS

Doha, – HE Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohammed Al-Thani stressed Sunday that the State of Qatar have placed entrepreneurship and SMEs as top of its strategic priorities.

HE the Minister gave a speech at Reyada awards, which was organized by the Nama social development center at the Doha Exhibition and Convention Center. His Excellency said that the State of Qatar looked to implement a host of programmes and policies that promote a constructive partnership with the private sector.

HE the Minister of Economy noted in that regard that the state was keen on increasing the contribution of young entrepreneurs in economic development by encouraging them to take initiative and by providing the suitable environment for innovation.

HE the Minister then moved to discuss the legal and legislative frameworks that contributed to developing the business environment in the country. His Excellency also discussed the initiatives made by the ministry to create an attractive investment environment for Small and Medium Enterprises (SME).

HE the Minister highlighted the launch of the single window for investors, and the economic zones of Manateq logistics which aim to lower operating costs for investors. His Excellency also discussed the efforts of the State of Qatar in diversifying its economy and enhancing its competitiveness. His Excellency noted that these efforts led to structural changes in the economy and a higher contribution by the private sector led by SMEs, which became a main partner in development.

On Reyada Award, HE the Minister said that it was one of the most important national initiatives that promotes entrepreneurships among young people and encourages them to innovate. His Excellency then thanked the Nama social development center and all authorities that support entrepreneurs in their bid to make an active contribution to the development of the national economy. (QNA)

Source: Qatar News Agency