Forum on Government Procurement Plan for 2024 Discusses Projects of Around QR 70 Billion -1-

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Additionally, the Government Procurement Plan Forum for the year 2024 shed light on the Ministry of Finance’s services and underscored the advantages of the law regulating tenders and bids (auctions) and its executive regulations, in addition to learning about local value opportunities and their economic impact, the mechanism and developments of classifying companies and evaluating the performance of companies in implementing government projects.

Director of Government Procurement Regulations Department at the Ministry of Finance Nayef Moaid Al Hababi said that 2,528 tenders will be issued in 2024, distributed among 16 economic sectors, including more than 100 economic activities, according to the AIESEC classification.

In relation to tender launch dates, he explained that 2024’s Q1 will see the issuance of 1,570 tenders or 65 percent of total tenders for 2024, Q2 with 642 tenders, Q3 with 240 tenders, and Q4 with 76.

Al Hababi pointed out that the tenders of the Public Works Authority (Ashghal), the Ministry of Public Health, the Ministry of Education and Higher Education, the Qatar General Electricity and Water Corporation (Kahramaa), the Primary Health Care Corporation and Aspire Zone Foundation alone constitute about 70 percent of the state’s total tenders for 2024.

The Director of Government Procurement Regulations explained that around 85 percent of tenders fall within five main economic sectors; the information and communications technology sector with 644 tenders, wholesale and retail trade sector with 524 tenders, construction sector with 360 tenders, professional, practical, and technical activities sector with 351 tenders, and administrative and support service activities with 63 tenders.

Al Hababi said that the forum serves as a confirmation of the private sector’s role as an essential partner in achieving sustainable development and the strengthening of the national economy, particularly in job creation, innovation stimulation, and the provision of basic services in the country.

In turn, Director of National Product Competitiveness Support at the Ministry of Commerce and Industry (MOCI) Saif Jassim Al Kuwari noted the role of framework agreements in supporting local industries, stating that national industries come at the top of the state’s priorities when it comes to development, being the foundation of a national economy’s development, and a crucial element to create self-sufficiency, in addition to creating a future for coming generations, as set by the Qatar National Vision 2030.

Al Kuwari said that the State of Qatar is currently experiencing a noticeable rise in the number of factories operating in the country, standing at around 806 factories, which support local products and localizing supply chains.

The Director of National Product Competitiveness Support at MOCI said that the forum is a pioneering national platform to explore future prospects and government procurement plans, highlighting the state’s efforts in supporting national products and expanding their scope to be a major tributary of the national economy. Al Kuwari pointed out that MOCI’s participation in the forum is proof of its commitment to activating the economic role of national industries and Qatari companies, in addition to consolidating the true partnership between the government and the private sector, in supporting and strengthening the national economy.

Source: Qatar News Agency