In realization of the vision of HH Sheikh Tamim Bin Hamad Al-Thani, The Amir of the State of Qatar, QatarEnergy is pleased to launch TAWTEEN, a strategic initiative to create local business opportunities in the Energy sector’s supply chain and manufacturing of value added products from locally produced hydrocarbon and metal feed-stocks.
Tawteen is a holistic program as it not only provides new business opportunities but also incentivizes investors through an In-Country Value (ICV) Policy to reward and recognize Suppliers who conduct operations locally in Qatar. In addition, Tawteen is providing Supplier Development support encompassing technical and business improvement assistance and Talent Development support that includes access to training and personnel attachments.
One of the key thrusts of Tawteen is the development of local Small and Medium Enterprises (SMEs) and we welcome entrepreneurs to avail the many business opportunities that are being made available. QatarEnergy will also collaborate with other entities supporting SMEs in Qatar and we look forward to assisting new entrepreneurs undertaking the opportunities available under TAWTEEN.
As part of the Tawteen Program, QatarEnergy is working with various entities in Qatar to provide investors with land and other facilities and services required to establish and grow your business in Qatar. QatarEnergy is also concurrently working with stakeholders in government to streamline regulations, processes and procedures to facilitate ease of doing businesses in Qatar.
Tawteen also represents a step change in our relationship with Suppliers and we look forward to working collaboratively with you for the mutual benefit of the Energy sector in Qatar.
QatarEnergy has ambitious growth plans in the forthcoming years and we encourage investors to take advantage of the numerous business opportunities that are available in the Energy sector in Qatar. Our aspiration is for our Suppliers and other SMEs to become competitive, not only in Qatar but also overseas and we hope that you will use the opportunities and initiatives provided by Tawteen as a launch pad to become successful businesses.