QDB and Qatar Shell Empower Local SMEs with New Business Opportunities

Seven new supply chain opportunities to be announced on 16th April at SME workshop

Doha, 13 April 2014: In an ongoing commitment to develop local small and medium-sized enterprises (SMEs), Qatar Shell through its partnership with Qatar Petroleum in Pearl GTL, and in collaboration with Qatar Development Bank (QDB), will reveal seven new supply chain opportunities at the upcoming ‘SME Business Opportunity Workshop’ on 16th April at Al Sharq Village & Spa.

As part of a nationwide strategy to support local SMEs, QDB and Qatar Shell have partnered to allow Qatari enterprises to tender to become the supplier of choice for Pearl GTL, the world’s largest gas to liquids plant delivered by Qatar Petroleum and Shell. The event will also shed light on Shell’s tender process and QDB’s advisory and financial role.

The first workshop, last year, saw three contracts awarded to local suppliers for the manufacture of personal protective equipment, heat exchanger re-tubing and translation services.

Commenting on the significance of the workshop, Abdulaziz Al Khalifa, Chief Executive Officer of QDB, said: “We believe that SMEs are the cornerstone of Qatar’s economy as part of Qatar National Vision 2030. At QDB we remain committed to accelerating the growth of a thriving private sector to diversify the national economy. Therefore, through our support of these new SME business opportunities, offered by Qatar Shell to the local market, we continue to develop domestic enterprise in-line with our mandate to elevate the Qatari private sector to a world-class standard.”

“Through these opportunities, we provide the Qatari private sector with access to funding and advisory support, while achieving multiple win-win objectives: SMEs will win new business and achieve high performance levels, and Qatar Shell, through localizing its supply chain, will directly oversee the quality and performance of the awarded SMEs.

This partnership will enable QDB to fulfill its mission to accelerate the inclusion of private sector, specifically SMEs operating within the manufacturing industry and help them play an effective role in Qatar’s economy,” Al Khalifa added.

Wael Sawan, Managing Director and Chairman of Qatar Shell Companies, said: “As a partner of Qatar Petroleum in helping monetize Qatar’s gas resources, we, at Qatar Shell share QP’s passionate commitment to small and medium enterprises (SMEs) and local content

development. Additionally in partnership with QDB, it is our mission to award local businesses with new contracts that enable them to develop world-class standards and compete on a level playing field globally. ”

“Last year, we proudly welcomed several new local companies into the Qatar Shell family as we believe that Qatari SMEs are essential to the development of a sustainable economy. We therefore remain dedicated to providing more business opportunities to the local market in the future, ” added Sawan.

The business opportunities to be revealed at the workshop include the manufacture of large open-head steel drums; the manufacture of low voltage cables; the manufacture of electrical cable trays; the maintenance, repair and recertification of ATEX two-way radios; the maintenance and servicing of offshore diesel generator sets; the servicing of custody flow meters; and the supply of welding inspectors for onsite technical support.

Subsequently, the companies who are awarded the new business contracts will receive, from QDB, access to funding, business advisory support, and links to potential strategic partners and access to local regulatory and support institutions.

After the workshop, local companies will be invited to register their interest from April 17 to 24. Following which shortlisted SMEs will then be invited to bid for tender by May 10. Finally, the SMEs to be awarded the new business contracts will be announced at an award ceremony in November. Report: QGN Tenders (a subsidiary of Qatar Gulf News

For registration and further information about the workshop please visit: www.privatesectorqatar.com/shell14 (for English) or www.privatesectorqatar.com/shell14/ar (for Arabic). Follow the conversation on Twitter at #SmeOpps14