DOHA: The Ministry of Finance, in collaboration with the Ministry of Commerce and Industry, Qatar Development Bank and the Qatar Chamber, hosted the 2ndState Procurement Plan Meeting 2025.
The meeting served as a platform to announce upcoming ministry and government-led projects, increasing transparency and building a supportive environment for local businesses.This approach aims to catalyse business growth, stimulate the private sector, as well as encourage entrepreneurial activity and investments.
This effort aligns with the Third National Development Strategy, particularly by emphasising the private sector’s role as a key driver of sustainable economic development.
This year’s meeting highlighted the overall state procurement plan for 2025, with an expected 3,303 tenders to be issued across 21 economic sectors next year, compared to 16 sectors in 2024. Additionally, more than 189 economic activities will be represented next year, up from 100 this year.
Approximately 71 percent of the tenders fall under five key sectors: IT and communications, administrative and support services, wholesale and retail trade, manufacturing and repair, as well as professional, scientific, and technical activities.
The forum also featured presentations from participating organisations, covering topics from raw material financing to competitive pricing and access to local markets. Additional topics included the importance of local value creation and its economic impact, contractor performance evaluation systems and special provisions made for local factories, SMEs and microenterprises. A move toward fully digital government tenders is also underway to improve transparency and efficiency in the procurement process.
Building on the remarkable success of its inaugural edition, which demonstrated a significant impact across private and public sector entities, this year’s forum yielded notable results. This was reflected by a 21 percent increase in company participation in public tenders, alongside a 26 percent rise in contracts awarded compared to 2023.