QDB presents 22 local firms at Algeria show

 29 Apr 2017 - 23:37

The Peninsula

In its drive to open new regional and international markets to Qatari private sector companies, Qatar Development Bank (QDB), through the support of its export programme, Tasdeer, participated along with 22 local construction sector companies at the 20th edition of Building & Construction Materials International Exhibition (BATIMATEC) in Algiers, Algeria. The expo was held at Palais des Expositions d’Alger from 23 to April 27.
Executive Director for Tasdeer, Hassan Khalifa Al Mansoori said: "This year, our active participation with 22 Qatari construction sector companies at BATIMATEC 2017 marks our maiden attendance at this regionally renowned series. The local companies present — all of whom are involved in the fields of building, construction material and public works — are here to strengthen their cooperation with interested parties, particularly those based in Africa, because we are confident that this thriving market will only continue to develop.”
BATIMATEC is one of the most recognised exhibitions of the construction industry on a regional scale, making it the largest forum for professional discourse and cooperation on developments in the construction industry. This year, the event enjoyed the participation of more than 1,000 companies from 25 countries.
Leading up to Tasdeer’s participation at BATIMATEC 2017, QDB had extended invitations of participation to 62 local companies as well as sent 63 product reports to businesses to raise awareness on the exportable goods and services in demand. Additionally, the export programme had sent 19 tender requests to companies in an effort to stimulate the local private sector with business opportunities. Other promotional support included shipping brochures and samples of the participants’ goods to the exhibition as well as hosting preparatory meetings with participants so as to educate them on the market in Africa and its best practices for optimum interaction with the visitors and interested parties at the exhibition.
The latest participation of Tasdeer at BATIMATEC was preceded by a thorough 5-month research study conducted on the Algerian market to help Qatar’s native ecosystem of small and medium-sized enterprises (SMEs) gage a better understanding on how to develop its export strategy. In its efforts to help Qatar diversify its conventional sources of income from the oil and gas sector, Tasdeer also facilitates the access of non-hydrocarbon sector SMEs to global markets and emerging markets by bringing trade leads for importing and exporting to Qatari enterprises as well as supporting participation in international trade shows, workshops, exhibitions, and networking events. The program makes powerful information tools available to exporters, including country-specific case studies, analytics, and business directories.