GOIC to host two training courses on project appraisal and risk management in Doha and Kuwait

About 30 trainees, representing a number of governmental agencies and private sector companies, will participate amongst them is the Armed Forces, Qatar Central Bank, Masraf Al Rayan, Nasser Bin Khalid Co., Barwa, and Al Khaliji Bank, further to Al Hatmi property Development Co., the official sponsor of the program.

The six-day training course targets developing participants' capabilities in terms of research and analysis in the area of contributing to investment projects; investment funds; inclusion of tax and trade variables in the planning and evaluation of projects. In addition, the course targets training participants to prepare or modify plans for businesses; redirect projects to mitigate risks' costs and accelerate revenues; evaluate investment projects from the perspective of shareholders; and evaluate investment opportunities.

The course will focus on studying the different forms of local and global issues in the areas of finance, property and taxes, and the possibility of their inclusion under appraisal and evaluation, so that trainees will be capable to perform analysis of projects and programmes, and thus obtain a better assessment and management of companies and projects. As for the financial analysis, the course tackles the stages of the evolution of the feasibility studies; technology, engineering and human resources; development of cash flow statements; perspectives of financial support for projects; the impact of size, time and sustainability on project's feasibility; cost-effective procedures to social programmes; capital markets and financing projects; in addition to the Internet and information resources.

In the area of risk analysis and management, the course tackles the foundations of uncertainty and risks; assessment methods and risk management; the role of motives, penalties and share of risks; realistic option; design and planning of projects; and methods of contracting.

In the same way, GOIC holds a similar six-day training course in the State of Kuwait during the period 15 - 20 March next, in cooperation with the Kuwait Economic Society.

It is worth mentioning that for more than 30 years, the Gulf Organization for Industrial Consulting (GOIC) plays a leading role in fostering industrial development in the public and private sectors in the GCC member states through a number of programmes and activities, including training and capacity development through Industrial Support Unit in Industrial Promotion and Investment sector in the organization.

Duke University is also considered one of the best ten universities in the United States of America, and Duke Center for International Development presents advanced educational programs in global development policies. Also, Kuwait Economic Society (KES) focuses on promoting economic growth and reform within Kuwait economy, capacity building for its members, promoting small businesses, lobbying for legislation reform, improving transparency and curbing corruption within public institutions and reducing personal connections in order to provide equal opportunities among citizens, and strengthening its relationship with private and public sectors and international organizations.