Qatar Development Bank (QDB), through its export programme Tasdeer, has showcased 29 leading Qatari companies at Big 5 Saudi, an exhibition for operators in the construction industry.
The latest participation of Tasdeer is part of a series of QDB initiatives to support the entry of Qatari small and medium-sized enterprises (SMEs) across the regional and global markets. It is also the latest in a series of activities to consolidate Qatar-Saudi Arabia economic partnership.
QDB’s participation in Big 5 Saudi aims to facilitate the entry of local companies specialising in the construction industry, including manufacturers of construction equipment, technology, machinery, and materials, as well as product suppliers in the largest market in the region.
QDB’s pavilion in Big 5 included Advanced Pipes & Casts Company, Al Farraj Trading & Manufacturing Company, Al Jattal Industry, Al-Sada Factory for Plastic Pipes, Albayan for Electronics and LED Technologies, Doha Plastic, National Paints Factories, Qatar Aluminium Extrusion Co, Qatar German Pipes Company, Qatar International Cables Company, Qatar Paving Stones, Qatar Plastic Products Company, Qatar Wire Products, Qatari Canadian for Energy and Electrical Industries, Qatari Saudi Gypsum Co, Sarplast Qatar, Seashore Steel, Uniplast Factory, Bumatar German Factory for Plastic Products, Doha Factory for Paints & Chemicals, Al Muftah Fiberglass Products, Khaled Manufacturing Co, Jersey Glass, Al Bateel Interior, Qatar National Aluminum Panel, G-walls, Elan Signage, Qatar UPVC for Windows and Doors, and Qatar Wooden Products Co.
Tasdeer executive director Hassan Khalifa al-Mansoori said: “This expo holds particular importance for our local companies as it is considered to be among the most important construction sector exhibitions.
“In the past, Qatari companies have achieved significant success in this diverse sector within Qatar, and we believe that the time is ripe to launch and expand their success story into foreign markets.” He added: “The Saudi market is the premier destination for Qatari products as it is the most important regional market. Furthermore, the culture of both countries and architectural styles are similar, which allows Qatari companies a natural advantage in acquiring important deals in the Saudi Arabian construction sector.”
Upcoming Tasdeer events include ‘PlastExpo’, one of the leading international exhibitions in the plastics and packaging industry slated on April 5 to 8 in Casablanca, Morocco.
Tasdeer was recently recognised on the international stage when International Trade Centre (ITC), a joint agency of the World Trade Organisation (WTO) and the United Nations Conference on Trade and Development (UNCTAD), recently nominated QDB for the 2016 Trade Promotion Organisation (TPO) award under the ‘best development agency in a developing country’ category.
QDB was the sole development agency shortlisted from among the countries in the Gulf Cooperation Council (GCC) and Middle East and North Africa (Mena) region. Other nominated development agencies under the same category included those from Brazil, Chile, Costa Rica, Ecuador, Jamaica, and South Korea.
Tasdeer delegates at the Qatar Pavilion during the Big 5 Saudi expo.
