Forum focuses on activating SME participation

Muscat: The Projects, Tenders and Local Content Authority on Monday organised an expanded dialogue forum bringing together numerous entrepreneurs from various sectors.

This initiative comes within the authority’s efforts to stimulate and enhance private sector participation in government projects and contracts, thereby supporting the national economy and maximising these institutions’ contributions to development.

The forum is part of a series of national initiatives aimed at activating widespread SME participation in developmental projects and increasing their contribution to GDP.

This reinforces economic sustainability goals and strengthens public-private partnership values.

The event reflects the authority’s commitment to direct engagement with business owners through open dialogue discussing key proposals and challenges to improve the tendering environment.

 This approach aims to develop relevant policies and procedures, ensuring fair access to public tender opportunities while enhancing businesses’ growth and expansion capabilities.

During the forum, participants reviewed key updates on available projects and tenders, with special emphasis on the growing number of SME “Riyada” card holders registered with the Authority. -ONA