Qatar Chamber highlights role in economic development via Private Sector Forum, says Sheikh Khalifa

Qatar Chamber has emphasised its role as a staunch supporter of the country’s economic development by organising the Private Sector Forum (PSF) held recently in Doha, an official has said.Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani said the PSF, which was held on the sidelines of the 5th UN Conference on the Least Developed Countries (LDC5), was organised by the chamber, in partnership with the UN Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS) and Microsoft.Sheikh Khalifa said PSF "constituted a decadal unique occasion” to take action and establish innovative partnerships for the development of the private sector in LDCs and to strengthen its role in addressing existing and future challenges."The forum provided a very important opportunity for us to emphasise the chamber's tireless efforts in providing all kinds of services to support the private sector and enable it to enhance its contributions to economic activity, in accordance with the Qatar National Vision 2030."It also highlighted the chamber’s keenness to provide all the needed facilitation for private sector companies and institutions with the aim to create the best possibleenvironment for businesses,” he said in the latest edition of Al Moltaqa, the chamber’s economic magazine.Sheikh Khalifa said the three-day forum was characterised by diverse and high-level participation and included several sessions that discussed various topics, which contributed to providing a direct interactive forum between representatives of the private sector, participating delegations, international financial institutions, donor countries, and multilateral organisations, among others.Speaking on Qatar’s hosting of LDC5, Sheikh Khalifa said the initiative has proven Qatar’s capacity to successfully host international conferences, citing the conference as a platform for various stakeholders and the private sector to identify solutions to current world challenges."The LDC5 reflected Qatar’s important role in supporting least developed countries. Its agenda mainly focused on the implementation of the Doha Programme of Action for LDCs for the Decade 2022-2031 (DPoA), which manifests a new generation of renewed and strengthened commitments between least developed countries and their development partners, including the private sector, civil society, and governments at all levels,” Sheikh Khalifa said.He added: "There is no doubt that the DPoA, which was endorsed last year, constitutes a clear path to advance development in those countries. It serves as a road map for least-developed countries to achieve the Sustainable Development Goals 2030."It has further given special significance to the private sector and affirmed the commitment to strengthening partnerships with the private sector in order to makefull use of its innovative capacity, encouraging greater investment in science, technology, and innovation for development.”