DOHA: Qatar has launched a number of studies to assess the feasibility of introducing legal and administrative reforms to help encourage foreign investment in real estate, said the head of Barwa Group, Abdullah Al Subei. Reforms are needed so as to promote new and innovative ways of real estate financing in the country, as also to encourage partnerships between the private and the government in that sector.
Al Subei was speaking at a seminar on real estate on the sidelines of Cityscape-2013, the exhibition of real estate here yesterday. Legal and administrative reforms are needed if foreign investment is to be wooed in the local real estate sector and bring the laws on a par with global standards.The Peninsula