Doha: HH the Amir Sheikh Tamim bin Hamad Al-Thani affirmed that human capital is the true wealth of any nation. HH the Amir said: “We continue to develop the education and training system, and to prepare our national cadres for the future, so that they can be absorbed into the labor market based on merit, competence, and achievement – while complementing this process by attracting the best Arab and international expertise to meet the needs of the State and the Qatari labor market.”
According to Qatar News Agency, in HH the Amir’s speech today at the opening of the first regular session of the second legislative term of the Shura Council, corresponding to its 54th annual session, His Highness said: “As you can see, Qatar is transitioning to a new stage in terms of the scale of its economy and its role.”
His Highness emphasized that development entails certain requirements, and this stage demands the elevation of the citizen’s role and awareness of their responsibilities. It also requires openness to new ideas and keeping pace with scientific, technological, and cultural advancement on a global level.
His Highness stressed that the State pays great attention to supporting and stimulating the private sector. In this regard, Qatar Development Bank, alongside other relevant government entities, plays a key role by providing a wide range of financing, insurance, and guarantee programs.
HH the Amir stated that as part of enhancing the competitiveness of the private sector, the State is working on a program aimed at opening investment opportunities in selected projects and assets, thereby creating avenues for the private sector to manage and operate them. This, in turn, strengthens the attraction of foreign investments and increases efficiency in operations and spending across selected vital sectors.