Doha, 6 October 2015: Over 30 Qatari Small and Medium Enterprises (SMEs) have been shortlisted to tender for seven specific business opportunities offered by Qatar Development Bank (QDB) and Qatar Shell. The successful SMEs will become part of the supply chain for Pearl GTL, the world’s largest gas to liquids plant delivered by Qatar Petroleum and Qatar Shell.
More than 150 Qatari SMEs attended the third annual ‘Qatari SME Business Opportunities Workshop’ earlier this year, where over 60 local SMEs showed their interest to participate and compete for the seven business opportunities on offer. Over 30 local SMEs were short-listed and have been invited to participate in Qatar Shell’s tender process. The successful SMEs will be awarded with contracts in a special ceremony on 13th December.
“We are proud to partner with Qatar Shell to promote the diversification of the national economy by nurturing the growth of the private sector through the support of local entrepreneurs and SMEs,” said Hamad Al-Kubaisi, Executive Director of Strategy and Business Development at Qatar Development Bank.
“We believe in the capabilities and quality of services of local SMEs; and by linking them with a world-class company such as Qatar Shell, they now have the chance to bid for contracts that will help raise their operating standards to meet global requirements.” “QDB is fully committed to providing those SMEs and entrepreneurs with all the management, advisory and financial support that they need.”
The shortlisted SMEs will tender for the following business opportunities: manufacturing of safety boards and electric labels; cafeteria and catering services for staff and events; servicing of custody flow meter calibration; manufacturing of stud bolts; supplying onsite welding inspection services; manufacturing and maintaining fire extinguishers, and managing Qatar Shell’s social media.
“We are proud to see a significant increase in the number of Qatari SMEs and entrepreneurs who are showing interest in joining Qatar Shell’s supply chain. We believe that by supporting their development we are significantly contributing to the economic pillar of the Qatar National Vision 2030,” said Amro Ahmed, Qatar Local Content and SME Manager at Qatar Shell.
“Following the launch of the first ‘Qatari SME Business Opportunities Workshop’ in 2013, three local SMEs were awarded with contracts; and in 2014 we added five new local companies to our supply chain. This year, we have offered seven new business opportunities at an estimated aggregate value of more than QR 15 million.”
The ‘Qatari SME Business Opportunities’ initiative is a strategic partnership between QDB and Qatar Shell, aimed at supporting the Qatar National Vision 2030 by providing local SMEs with access to specific business opportunities within Qatar Shell’s supply chain, and helping them raise their operating standards in order to fulfil global requirements.
This year, Qatar Shell and QDB won the Social Development Center’s - Reyada ‘Outstanding Entrepreneurial Support’ Award for their role in developing Qatari entrepreneurs and small and medium enterprises. The award is a clear demonstration of this successful partnership in developing Qatar’s economy and private sector, as well as delivering sustainable contributions to positively impact Qatar.
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