Shell, QDB sign deal to develop SMEs sector in Qatar
Qatar Shell has unveiled new supply chain business opportunities for local companies following the agreement it signed with Qatar Development Bank (QDB) earlier this year to provide local companies and manufacturers access to new business opportunities,
The move by Qatar Shell is part of its drive to increase the number of Small to Medium Enterprises (SMEs) acting as contracted suppliers for its operations in Qatar, the company said.
The step will pave the way for qualified local companies to become the supplier of choice for Qatar Shell as well as the Pearl GTL plant, the world’s largest Gas to Liquids plant.
“Qatar Shell’s aim is to support the Qatar National Vision 2030 and one area of focus is in the development of local content and SMEs, not just through sponsorships but by actively providing business opportunities and developing companies to achieve world class standards to compete with global companies,” Wael Sawan, Managing Director and Chairman of Qatar Shell Companies, said. “These new supply chain business opportunities are a great example of this objective and we are proud to bring this to the market with QDB’s partnership,” he said at the unveiling ceremony in the Qatari capital Doha.
Mansour Bin Ebrahim Al Mahmoud, QDB Chief Executive Officer, said that “developing a thriving private sector is an important priority and one that is integral to the mission of QDB.”
“Qatar Shell shares QDB’s aspiration to develop a robust private sector and they have committed to present a number of business opportunities for local SMEs. As a start, four specific and immediate business opportunities were presented in the workshop which will allow us to move to the next phase of this journey of collaboration between QDB and Shell,” he said in remarks emailed to Gulf News.
The four local business opportunities were manufacturing of Personal Protective Equipment, heat exchanger re-tubing for the Pearl GTL plant, manufacturing stud bolts for the Pearl GTL plant, and translation services.