Posted on March 27, 2018

QDB announced that preparations for the third Government Procurement and Contracting Conference & Exhibition ‘Moushtarayat’ are in full swing, which is scheduled to take place for 3 days, beginning on April 23 and ends on April 25, during a press conference held yesterday, Monday 26 March, 2018 at the Ministry of Finance.

The press conference was attended by Mr. Abdulaziz Zeid Rashid Al Taleb, Director of Government Procurement Regulation at the Ministry of Finance, Eng. Ahmed Ali Al-Ansari, the Technical Office manager of Ashghal, and Mr. Yousef Al-Neama, General Manager, Group Corporate & Institution Banking at QNB and media representatives. The Government Procurement and Contracting Conference & Exhibition ‘Moushtarayat,’ aims to open new opportunities for interaction between local SMEs and the most important stakeholders, in addition to strengthening cooperation between the private and public sector companies in Qatar.

This year’s conference and exhibition will provide SMEs with more than 2000 opportunities with an estimated cumulative value worth up to QAR 4.6 billion (expected to raise further) as well as the platform to learn about existing public tenders extended by 40big buyers, such as larger private sector companies, semi-governmental and governmental bodies. In addition, Moushtarayat 2018 aims to educate attendees on the procedures involved in partaking in future tender and application processes successfully, so that members of the private sector may become more active contributors to the diversification of the economy.

QDB announces readiness to [qatarisbooming.com].jpgCommenting on this occasion, Mr. Abdulaziz bin Nasser Al-Khalifa, Chief Executive Officer of Qatar Development Bank, said: “The exhibition is expected to bring significant achievements for all parties, where SMEs will be able to identify the existing opportunities and open new markets through their presence. Local buyers will also benefit from gaining more knowledge and establishing better dialogue with prominent buyers and suppliers. QDB’s efforts will help enhance SMEs market positions both technically and financially by assisting to localize supply chains. The active participation of entrepreneurs and SMEs at previous two editions of Moushtarayat underscored the success of the event and demonstrated how deeply they valued new public sector opportunities.”

“We, at QDB, are grateful to Ministry of Finance with whom we have a strong work dynamic, and with whose cooperation, we are once again joining hands to organize the 3rd Government Procurement & Contracting Conference and Exhibition. We are certain that this expo will help the partnership between the private and public sectors reach new heights. One of the most important initiatives we commit ourselves to at QDB is supporting and helping SMEs. As we open local and global markets to SMEs through ‘Tasdeer,’ and with the help of the Ministry of Finance, we provide greater accessibility to government procurement by linking local SMEs to procurement of major buyers, through match-making activities & B2B meetings and exploring key efforts to minimize barriers to success, along with having a friendly business environment that leads to the positive growth of local SMEs," he added.

It is worth mentioning that the 2nd Government Procurement & Contracting Conference and Exhibition – Moushtarayat 2017 recorded a nationwide turnout of entrepreneurs, participants from small and medium-sized enterprises (SMEs), members of the larger business community and media personnel at its pavilions, which were largely hosted by government and semi-government organizations. The Moushtarayat 2017 exhibition witnessed the participation of30 exhibitors. During the course of the three-day expo, 2000 job opportunities for SMEs were created with an estimated cumulative value worth up to QAR 2.5 billion.

The second edition of the expo also saw the National Procurement Awards, during the opening ceremony, where names of the five winning Qatari organizations were announced in recognition of their commitment to facilitating the entry of new participants into the Qatari marketplace. The winning companies included: Ministry of Culture and Sports, Qatar General Electricity and Water Corporation (Kahramaa), Qatar Airways, Qatar Gas Transport Company (Nakilat), and Qatar Shell. Qualifying criteria for the award included: the number of contracts awarded to local SMEs, the lengths of the contract periods with SMEs and their total amount value as well as submission of periodic reports to QDB.

Similarly, the first edition of the exhibition saw the participation of 25 governmental and semi-governmental organizations; the signing of three memorandums of understanding (MoUs) between Public Works Authority (Ashghal), the Ministry of Public Health (MoPH) and the Ministry of Justice (MoJ);provision of 450 jobs with an estimated cumulative value worth up to QAR 2.5 billion; and the signing of contracts valued at approximately QAR 110.6 million.”

This year’s Moushtarayat conference and exhibition is the latest in a series of integrated programs and initiatives offered by QDB to develop SMEs. To promote the private sector, QDB locally extends wide-ranging financial and non-financial support to entrepreneurs across a myriad of industries so that SMEs may achieve higher scales of competitiveness in Qatar. Through the exhibition, Qatar Development Bank is trying to develop new supporting methods to apply sustainable government procurement. QDB also aims at helping SMEs commit to their goals and requirements, in order to support and strengthen the role of local small and medium enterprises, in line with the Qatar National Vision 2030.

The exhibition is expected to bring significant achievements for all parties, where SMEs will be able to identify the existing opportunities and open new markets through their presence. Local buyers will also benefit from gaining more knowledge and establishing better dialogue with prominent buyers and suppliers. QDB’s efforts will help enhance SMEs market positions both technically and financially by assisting to localize supply chains.

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