Five Qatari SMEs win Shell contracts
In line with encouraging the development of the private sector, Qatar Shell, in partnership with Qatar Development Bank, signed four new contracts with Qatari SMEs
Qatar Shell, in partnership with Qatar Development Bank (QDB), signed four new contracts with Qatar-based local small and medium enterprises (SMEs), as part of a nationwide support strategy.
While a fifth contract is expected to be awarded shortly, the four contracts went to Buzwair Scientific & Technical Gases for carbon monoxide and industrial gases; Al-Ahed Trading & Contracting Co.Ltd for white metal bearing refurbishment; Second Dimension International Marketingfor active and healthy lifestyle CSR programme delivery; and Q-Advice for language translation services.
The contracts were signed by Amro Ahmed, Qatar Shell’s Commercial Excellence & Local Content and SME manager, with the CEOs of the SMEs, in the presence of Abdulaziz Bin Nasser Al-Khalifa, CEO of Qatar Development Bank, and Michiel Kool, managing director and chairman of Qatar Shell Companies, The Peninsula reports.
This is the fourth year of the ‘SME Business Opportunity’ being held and resulted in 18 contracts with local SMEs being awarded, with a total aggregate value of contracts estimated at $27m (QAR100m).
Al-Khalifa commented that the initiative forms part of QDB’s efforts to facilitate access to local contracts for SMEs, more so with international companies.
He added: “Our continuing partnership with Qatar Shell provides SMEs with the chance to make a significant impact on their business by joining the Qatar Shell supply chain, and also gives those companies the opportunity to expand regionally and globally.”
Kool added that inspiration for the initiative was drawn from the Qatar National Vision 2030 and the chance “to contribute to the development of the private sector in Qatar”.
He continued: “In support of our valued partner Qatar Petroleum, and in close collaboration with QDB, we aim to provide specific opportunities for local SMEs and entrepreneurs. These contracts show our confidence in the ability of local SMEs to be an integral part of the Qatar Shell’s supply chain, and we look forward to helping them grow in the future.”
In May, more than 250 Qatari SMEs attended the annual Qatari SME Business Opportunities Workshop, which culminated in the awarding ceremony. Of the 43 companies who expressed an interest to bid, 26 were invited to tender for six business prospects on offer, with 18 finally submitting formal bids.
A period of 18 months is awarded to build capacity to be able to get to grips with the contracts and meet Qatar Shell’s required standards. QDB also plays a role by providing support to SMES and entrepreneurs.