Other | November 10, 2015

Local Content Small and Medium Enterprises Business Opportunities

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Qatari SME Business Opportunities, delivered by Qatar Development Bank (QDB) and Qatar Shell, is one of Qatar Shell’s Corporate Social Responsibility partnerships aimed at delivering sustainable impact in support of the Qatar National Vision 2030.
As part of a nationwide strategy to support Qatari small to medium-sized enterprises (SMEs) Qatar Shell partnered with QDB to promote and accelerate the development of the private sector in Qatar. The purpose of the agreement, signed in 2013, is to provide Qatari SMEs access to business opportunities at the Pearl GTL plant, the largest Gas to Liquids plant delivered by Qatar Petroleum and Qatar Shell. Through its support of local SMEs, Qatar Shell aims to contribute significantly to the economic pillar of the Qatar National Vision 2030.
Through this initiative three contracts were awarded to local suppliers in 2013 for business opportunities comprising the manufacturing of personal protective equipment, heat exchanger re-tubing and translation services.
In 2014, five new local SMEs were added to Qatar Shell’s supply chain, with the aggregate value of the awarded contracts totaling QR10 million.
This year, seven new business opportunities were presented to over 150 local SMEs and entrepreneurs - the estimated aggregate value of which is over QR 15 million.
The leadership at Qatar Shell remains confident in the quality and the capability of local suppliers in the market, which will add value to its operations in Qatar. Through QDB mentorship and support, the specific business opportunities offered by Qatar Shell, encourage Qatari SMEs to compete to become the supplier of choice for Pearl GTL.