Oman’s Small and Medium Enterprises Development Authority (SMEDA) has signed a Memorandum of Understanding (MoU) with the leading integrated telecommunications services provider Omantel in order to provide support to a number of small and medium enterprises (SMEs) registered with the Authority within the Supplier Development Program.
The MoU was signed by Ms. Halima bint Rashid al Zaria, Chairperson of the Small and Medium Enterprises Development Authority and Mr. Talal bin Said al Mamari, CEO of Omantel.
The MoU comes within the framework of the partnerships through which the Authority seeks to empower the owners of SMEs and support their businesses in various commercial activities in order to maximize the path of local added value, enhance their access to business opportunities, and transfer knowledge.
Further, it intends to enhance their professional standards in order to build an advanced model for small and medium enterprises.
According to the statement, “The MoU includes a provision for providing technical and advisory support to SMEs registered with the Authority and participating in the program with regard to obtaining business opportunities in contracts, tenders, and procurement from Omantel, in addition to SMEs as suppliers to Omantel through a chain of contracts and procurement thus enhancing their efficiency, supporting its sustainability and growth.”
The Authority seeks, in cooperation with Omantel, to provide training services to qualify SMEs specialized in private contracts and procurement during the coming period, in order to activate the terms of mutual understanding.