Private sector projects are projects co-funded by QDB on behalf of the debtors/investors in certain sectors such as Tourism, Educational, Industrial, Healthcare, as well as Residential & Commercial sector. The Engineering Projects Department at the bank also manages and facilitates financial loans for the development projects, which is commonly recognized by the state of Qatar, to finance the structural side of these projects.
Soon after feasibility has been approved by relevant department, we review the project drawings, specifications and construction contracts and bill of quantity, and forward our recommendations to the relevant department. During construction, we conduct periodic project site visits to ensure the project is progressing according to plan and within the agreed framework. We also ensure the preparation of monthly reports to the relevant departments.