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Sun 20 Apr 2014 11:58 AM

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Qatar Shell backs bigger role for SMEs

The oil giant says it could boost the supply chain and improve the economy by reducing the number of imports

Qatar Shell backs bigger role for SMEs

Oil giant Qatar Shell has called for more emphasis on bolstering the number of small to medium enterprises (SMEs) in the country, saying it could boost the supply chain and improve the economy by reducing the number of imports, it was reported.

A spokesman for the company, Ali Reyad al Ansari, told the Gulf Times that “in any industry, SMEs can do a lot in helping bolster a supply chain, especially when you’re talking about local SMEs, then you start depending less on importing goods from the outside”.

He said once more products were distributed by the local manufacturing industry “it definitely helps the supply chain and helps the security of the supply chain”.

The state-owned Qatar Development Bank (QDB) and Qatar Shell at the weekend launched the second installment of the annual “SME Business Opportunity Workshop”, which was attended by more than 100 SMEs and business owners in the country.

Al Ansari said the workshop aimed to “to get local SMEs to join our family of importers and the family of Shell and Pearl GTL not only to help us in our business here but also to bring the level of these companies at par with international standards”.

“So not only will these companies be competitive at a local level or on a regional level but they will be competitive at an international level as well,” he told the Gulf Times.

He said that while the business opportunities were specific to the oil and gas industry, he “sees nothing wrong” for SMEs that have been able to penetrate the energy sector “to go out and benefit” from opportunities related to the 2022 FIFA World Cup or the Qatar National Vision 2030.

“Ultimately, what we want is to help build strong SMEs in Qatar because our goal is to develop the nation and if these companies likewise do well abroad, then they will give a good name for Qatar,” he was quoted as saying.

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