Qatar's Government Unveils Procurement Plan Forum 2025: Boosting Private Sector Growth and Economic Diversification
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| Qatar's Government Unveils Procurement Plan Forum 2025: Boosting Private Sector Growth and Economic Diversification |
Qatar’s Ministry of Finance, in collaboration with the Ministry of Commerce and Industry, Qatar Development Bank, and Qatar Chamber, recently hosted the second edition of the Government Procurement Plan Forum. The event highlighted Qatar’s commitment to driving economic diversification by strengthening the private sector as a key engine of growth and innovation.
Key Highlights of the 2025 Procurement Strategy
The forum showcased Qatar’s comprehensive procurement strategy for 2025, emphasizing transparency, collaboration, and creating more business opportunities for local companies. As part of the strategy, the government plans to release 3,303 tenders across 21 sectors— a significant increase from 2024, demonstrating Qatar’s dedication to diversifying its economy.
Strategic Focus Areas for 2025
The majority of the tenders, approximately 71%, will be focused on five key sectors:
- Information and Communications Technology (ICT)
- Administrative and Support Services
- Wholesale and Retail Trade
- Professional and Scientific Services
- Manufacturing and Repair
This focus on strategic sectors aligns with Qatar’s long-term vision of advancing infrastructure development, driving technological innovation, and enhancing economic diversification.
Increased Engagement Across Economic Activities
In 2025, the government plans to engage in over 189 economic activities, an increase from 100 in the previous year, based on the international ISIC classification. This expansion signals Qatar’s effort to promote a dynamic and competitive environment that fosters entrepreneurship, attracts investment, and supports business growth.
Forum Insights on Key Challenges
During the forum, critical topics such as financing for raw materials, improving cost competitiveness, and enhancing access to local markets were discussed. These sessions provided valuable insights on how local businesses can better compete in the global market and maximize opportunities within Qatar’s evolving economy.
Support for Local Business Growth
The event also saw strong participation from various government ministries, including the Ministry of Interior, Transport, Public Health, and Ministry of Education and Higher Education, reinforcing the collaborative efforts to drive business growth and development across multiple sectors.
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