By Shane McGinley www.arabianbusiness.com
Qatar is set to launch nearly US$100bn worth of infrastructure projects in the run up to the 2022 FIFA World Cup, but a leading business leader believes small firms will struggle when it comes to tendering for big projects.
“Having surveyed the needs and challenges of over 200 SMEs (small to medium-sized enterprises) in Qatar, we can say with great authority and certainty that competing in tenders represents one of the biggest barriers to growth,” Enterprise Qatar (EQ) chief operating officer Nasser Al Mohannadi was quoted as saying by the Gulf Times newspaper as he launched the Government Procurement and Contracting Conference (GPCC).
Between now and 2022 an estimated US$100bn is expected to be allocated to infrastructure projects, including many high-profile schemes such as the Doha Bay crossing and the Doha Metro. More info