MOU SIGNED TO PROMOTE QATARI PRODUCTS

Qatar General Electricity & Water Corporation KAHRAMAA is planning to spend more than QR5bn on direct purchases from manufacturers in Qatar, expanding the presence of ‘Made in Qatar’ products in the local market.

This was announced yesterday during the signing of a memorandum of understanding (MoU) between Qatar Development Bank (QDB) CEO Abdulaziz bin Nasser al-Khalifa and KAHRAMAA president Essa bin Hilal al-Kuwari.

The MoU aims to guide local businesses through the technical requirements involved in qualifying for tenders and operations for KAHRAMAA, and to support their participation at promotional exhibitions and forums.

Aside from promotional support for local manufacturers, QDB will also support small and medium-sized enterprises (SMEs) technically and financially, where possible. Al-Kuwari said KAHRAMAA will prioritize QDB-nominated local suppliers that successfully demonstrate their compatibility with KAHRAMAA’s qualifications, terms and regulations.

Source: Government of Qatar