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QDB and Qatar Shell reveal seven new business opportunities to Qatari small and medium enterprises

April 16, 2014 3:54 pm

As part of a nationwide strategy to support local small and medium-sized enterprises (SMEs), Qatar Development Bank (QDB) and Qatar Shell recently hosted their second annual ‘SME Business Opportunity Workshop’. At the workshop, seven new specific business opportunities were revealed to encourage 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 Qatar Shell.

Held at the Sharq Village & Spa, the workshop attended by 100 local SMEs and entrepreneurs was part of an ongoing commitment by QDB and Qatar Shell to develop local SMEs in support of the State of Qatar’s private sector.

Abdulaziz Al Khalifa, Chief Executive Officer of QDB, said, “Abdulaziz Al Khalifa, Chief Executive Officer of QDB, said: “It is through this joint initiative that we recognise the pivotal role that local SMEs play in supporting Qatar’s economy. We have therefore joined hands with Qatar Shell to support local SMEs and entrepreneurs in order to promote the growth and diversification of Qatar’s private sector. Through this partnership QDB supports the accelerated development of Qatar’s private sector by broadening the horizons of local enterprises.”

“Today, we are offering local SMEs valuable opportunities to tender to become a supplier of choice for the Pearl GTL plant. These seven new specific business opportunities therefore demonstrate the high regard in which we uphold the high capabilities and operating standards of local enterprises to handle contracts for the world’s largest Gas to liquids plant,” he added.

Wael Sawan, Managing Director and Chairman of Qatar Shell companies, said, “In support of our valued partner Qatar Petroleum and in close collaboration with QDB, we are committed to the Qatar National Vision 2030 by developing local content and SMEs. I am delighted to report that we, at QDB and Qatar Shell, have certainly made progress in this area. Just last year, we held our very first SME Business Opportunity Workshop, and it was during this process that three contracts were awarded to local suppliers. This year, we are revealing seven new specific business opportunities within the Pearl GTL plant to local SMEs.” “We are very happy to continue to join hands with QDB, to award local businesses with new contracts that will enable them to develop world-class standards and compete on a level playing field globally,” added Sawan.

At the workshop, participants were presented with seven new specific business opportunities including 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. They were also briefed on the Qatar Shell tendering process as well as the management advisory and financial support role of QDB.

Local companies have now been invited to register their interest until April 30. Thereafter, shortlisted SMEs will 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 at the end of this year.

For More Information Contact:
Ali Riyad Al-Ansari
Media Relations Manager
Qatar Shell
Mob: +97455598198