Qatarization PortalLocal Procurementold
Local procurement not only reduces delivery time and cost, it also contributes to Qatar’s local economy by providing new opportunities for capacity development in the Qatari workforce and industry.
Qatar Steel has a preference, wherever possible, to select local suppliers. In 2017, most consumables, including all scrap, natural gas, diesel, and petrol, were locally purchased.
In 2017, Qatar Steel experienced an increase in the total amount of spending on loca suppliers. There was, however, a decrease in the percentage of total spending on local suppliers. This was a result of the change in oil prices and broader cost optimization
measures as well as an overall reduction on spending.
Spending on Locally Based Contractors and Suppliers
| Spending on locally based contractors and suppliers | ||||
|---|---|---|---|---|
| 2015 | 2016 | 2017 | ||
| Total spending (‘000 QR) |
1,080,870*
|
1,168,156*
|
1,155,688*
|
|
| * This figure is reported differently from that in the 2016 report, as a result of improvements in our calculation methodology. | ||||
