Public-Private Partnerships with Qatar

By IDeas trademarks & patents

According to the Gulf Times, the Embassy of Costa Rica in the State of Qatar is looking to establish Public-Private Partnerships (PPPs) in various sectors. “The real estate, agricultural, technological and tourist sectors would be the ones with the greatest potential to be developed under this project”, Costa Rica ambassador Alvaro Mariano Segura Avila told the newspapers. 

The State of Qatar has recently published Law No. 12 of 2020 to regulate the operation of public private partnerships in Qatar. At a conference held on 7 July 2020 to discuss the role of PPPs in Qatar, the Minister of Commerce and Industry, Ali bin Ahmed Al-Kuwari advised that the issuance of the PPP Law amounted to a critical step in providing a legislative framework for regulating the private sector's contribution to the implementation of major development projects. 

Asked in what ways could Costa Rica maximise Law No, 12 of 2020 in terms of further enhancing its trade and economic ties with Qatar, Avila said Costa Rica already has “great experience” with infrastructure works and projects that have been developed through the PPP model.