Posted on November 20, 2017

Under the patronage of Prime Minister and Minister of the Interior, His Excellency Sheikh Abdullah bin Nasser bin Khalifa Al-Thani, Qatar Development Bank (QDB) will officially open the 3rd Government Procurement & Contracting Conference and Exhibition – Moushtarayat 2018 – to the public from 23 to 25 April at Doha Exhibition and Convention Center (DECC).

Announced during today’s official joint press conference, the upcoming expo will be held in partnership with the Ministry of Finance, who using the support of their specialist procurement regulation department have helped frame and support the popular expo series since it was first launched two years ago.

Building on the momentum of its preceding editions, Moushtarayat 2018 will usher in a wave of new opportunities for the government-private sector cooperation. The expo welcomes members of the local private sector, particularly small and medium-sized enterprises (SMEs), to attend and participate in a wide range of public tenders, publicly announced throughout the year. Notably, a key aspect of the conference is to educate local SMEs about the procedures involved in partaking in existing public tenders extended by big buyers, such as larger private sector companies, semi-governmental and governmental bodies.

Speaking during the media gathering, Executive Director of Advisory Services, Ibrahim Abdulaziz Al Mannai said: "Our launch today of the 3rd Government Procurement & Contracting Conference and Exhibition – Moushtarayat 2018 is a testament to the expansive achievements of the first two editions of the expo. Moreover, it also speaks volumes about the quality of the cooperative relationship that QDB and the Ministry of Finance enjoy. This project is in line with our organizational objective at QDB of getting SMEs to widen their engagement with big buyers in the nation’s marketplace.”

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Describing the success of the expo’s past edition, he continued: “Last year’s edition, which attracted 2212 visitors and 30 exhibitors, opened 2022 job opportunities for SMEs with an estimated cumulative value worth up to QAR 2.5 billion. Given the vast popularity and success that this expo series has enjoyed in the past, we are confident that our upcoming edition will see an even more widespread attendance besides going a long way in cementing the bond between public corporations and the private sector.”

The third upcoming edition of Government Procurement & Contracting Conference and Exhibition stems from the development agency’s vision to support local talent and create a cooperative environment for Qatari entrepreneurs. In order to achieve the state’s objectives of economic and social development outlined in Qatar National Vision 2030, the conference aims to support native SMEs so that the country’s private sector may become active contributors to the diversification of the economy through developing the professional experience necessary to support a broad array of local market needs.

Held in 2016, the first edition of the expo saw the participation of 25 exhibitors, who made nearly 450 contract opportunities available – with an approximate value of QAR 3 billion – to the local private sector. Out of these opportunities, 102 contracts were eventually awarded as a result of the facilitation that businesses enjoyed during Moushtarayat 2016. Notably, the upcoming Moushtarayat conference and exhibition is the latest in a series of integrated programs and initiatives offered by QDB to develop SMEs. For instance, QDB recently announced the launch of its first nationwide entrepreneurship award in July as well as introduced the “Buy Local Products” expo series.

To promote the private sector, QDB locally extends wide-ranging financial and non-financial support to entrepreneurs across a myriad of industries. The development organization is dedicated to strengthening the private sector through the provision of special advisory services, indirect loan facilities, seed investment programs and matchmaking services so that SMEs may achieve higher scales of competitiveness in Qatar.