Qatar Shell signs four contracts valued at QR 70 mn with local SMEs

Qatar Shell, in partnership with Qatar Development Bank (QDB), signed four contracts with total value of QR 70 million with local SMEs.

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The four Qatari SMEs awarded contracts are Buzwair Scientific and Technical Gases, for carbon monoxide and industrial gases; Al Ahed Trading and Contracting Co. for white metal bearing refurbishment; Second Dimension International Marketing for active and healthy lifestyle CSR program delivery and Q-Advice for language translation services. A fifth contract is expected to be awarded shortly,

QDB CEO Abdulaziz bin Nasser Al Khalifa said: “This initiative is part of QDB’s efforts to facilitate access to local contracts for SMEs, especially with international companies. Our continuing partnership with Qatar Shell provides SMEs with the chance to make a significant impact on their business by joining the Qatar Shell supply chain and also gives those companies the opportunity to expand regionally and globally.”

Local SME ability

Qatar Shell managing director and chairman Michiel Kool stated: “These four contracts show our confidence in the ability of local SMEs to be an active and integral part of the Qatar Shell’s supply chain and we look forward to helping them grow in the future.”

This is the fourth year of the `SME Business Opportunity’ resulting in a total of 18 contracts with local SMEs. The total aggregate value of those contracts is estimated at QR 100 mn.

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