QDB launches latest Moushtarayat conference and exhibition for SMEs

QDB launched the latest edition of the Government Procurement & Contracting Conference and Exhibition (Moushtarayat) in partnership with the Ministry of Finance (MoF).

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QDB SME launch

To usher in a new wave of opportunities for the local private sector, Qatar Development Bank (QDB) launched the latest edition of the Government Procurement & Contracting Conference and Exhibition (Moushtarayat) in partnership with the Ministry of Finance (MoF), at a press conference.

Under the patronage of Prime Minister and Minister of the Interior, HE Sheikh Abdullah bin Nasser Al Thani, the program will be held from 6 to 8 April, 2017 at Doha Exhibition and Convention Center.

Moushtarayat is in line with the development agency’s vision to develop local talent and create a cooperative environment for Qatari entrepreneurs so SMEs may become active contributors to diversification of the economy and eventually develop the requisite experience, resources and professional skill set to compete in global markets.

In 2016, the MoF extended cooperation to the maiden edition of the Moushtarayat series in the wake of the new decree, Qatar Law No. 24, on ‘Regulation of Tenders and Auctions’, aiming to promote greater efficiency in public procurement.

Training programs

Training

To support the implementation of the law, the MoF delivered training programs across ministries, institutions and government agencies to inform government personnel on the new mechanisms through which tenders and auctions would operate.

As an integral part of this training, attendees from 54 government agencies learned the use of standardized website purchase procedures and the effective operation of government procurement portals, which have since become the official channels for interaction between all government agencies and companies in a bid to foster an environment of transparency.

Digitalized procurement system

Digitalized procurement

Through the development of the digitalized procurement system, the ministry is able to use a faster, more proficient method to compile a list of service providers. Furthermore, the recent digitalization also helps the ministry accurately log all transactions for the purposes of their own assessments and records as well as public reporting.

It also helps the private sector in that they may access all active tenders and upcoming business opportunities offered by the various government agencies in Qatar.

Cooperation

Cooperation

QDB executive director for advisory services Ibrahim Al Mannai said: “Through the second edition of Moushtarayat, we aim to promote cooperation between private companies and the state through the extension of tendering opportunities.”

This exhibition is designed to pave the way for greater interaction between the owners of local SMEs and the government -opportunities for low-risk public tenders are a great source of encouragement for SMEs to participate in the economy, he said.

He added: “The first edition of the exhibition saw the attendance of 3,000 visitors and the participation of 25 governmental and semi-governmental organizations; the signing of three MoUs between the Public Works Authority (Ashghal), the Ministry of Public Health and the Ministry of Justice; provision of 450 jobs with an estimated cumulative value worth up to QR 3 billion; and the signing of contracts valued at approximately QR 111 million.”

Topics

A number of issues and topics facing SMEs will be addressed, such as communication between SMEs, buyers and relevant authorities; effective exchange of information; claims management; cost-benefit analysis in public contracts; quality of services; international practises and modern trends in the field of supply chain management; documentation of procurement processes; and the subsequent preparation of related reports.

Finally, the scope of conference also includes a tutorial on navigating the e-procurement system. Importantly, in addition to streamlining payment methods and integrating the procedure of acquisition, the newly developed e-procurement system allows SMEs an opportunity to learn about active public tenders through accessing a platform that brings together government buyers and local suppliers.

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