Request For Demo     Request For FreeTrial     Subscribe     Pay Now

Bahrain Procurement News Notice - 22664


Procurement News Notice

PNN 22664
Work Detail Sheikha Al-Fadil, director of the Small and Medium Enterprises Development Department at the Ministry of Industry and Trade, revealed that the number of SMEs exceeds 80,000, while the number of establishments registered in the electronic system for registration of small and medium enterprises is only 100, 6 of which do not meet the requirements. In an introductory workshop on the electronic system for registration of small and medium enterprises (SMEs) yesterday morning at the Chambers headquarters, she asserted that the electronic registration system for small and medium enterprises was established in April 2019 during the 2019 World Entrepreneurship Conference to register small and medium enterprises to benefit from the services and supporting programs provided by In order to classify SMEs in accordance with Ministerial Decision No. 229 of 2017 on the Classification of Micro, Small and Medium Enterprises and the Establishment of a Database for Small and Medium Enterprises To develop the necessary studies for the development of the sector and to promote the growth of the emerging enterprises and the development of small and medium businesses in order to increase the contribution to GDP and to create many jobs for citizens. One of the most important advantages of electronic registration is obtaining a certificate of classification of small and medium enterprises, Ministers She pointed out that general requirements for the classification of small and medium enterprises are that the institution be active. The classification is based on the number of workers and the annual increases for all the branches registered on the commercial register. The corporation should be small, small or medium according to resolution No. (229) Small, medium and small enterprises. Applications for classification are submitted only through the electronic system for small and medium enterprises. All types of records are allowed, whether individual institutions or companies of all kinds to submit applications for classification. The certificate of classification should not be granted by size, and the certificates of classification shall be valid until the expiry date, after which the certificate must be renewed. The certificate must then be renewed to benefit from the services and associated benefits, The expiration date of the certificate of classification shall be the same as the date of the Commercial Registration Certificate. "The decision to allocate 20 per cent of government tenders and auctions with a 10 per cent preference in financial assessment is not limited to the owners of small and medium-sized enterprises in Bahrain, but to any institution registered in Bahrain and treated as a single transaction, Foreign or Bahraini. " She added that «the Board of Tenders and Auctions under the chairmanship of Minister Bassem bin Yaqoub Al-Hamr and the members of the Council are currently studying the mechanism of implementation, and we are working carefully before starting any initiatives to ensure the safety of the outputs, especially with the presence of many initiatives to support the support of small and medium enterprises, The study phase and the development of the implementation mechanism and then subsequently announced in a formal manner for each initiative separately ». Al-Saffar added, "We will work to develop mechanisms to implement these initiatives and set their conditions, and will work to educate institutions and give them training workshops in addition to the official bodies such as ministries subject to law and companies. The meeting will discuss mechanisms of implementation of initiatives, and there are many initiatives will be in the form of multi- Are all in the interest of small and medium enterprises, experimental periods, and then be circulated where we have not yet reached the final stage, so we still slack in announcing ». Al-Saffar pointed out that the purpose of the delay is to ensure the safety of implementation and the quality of the outputs. The Council does not focus on the number of initiatives supporting small traders as important as the quality of these initiatives. The aim of these current and future initiatives is to transfer SMEs to win tenders. Al-Saffar pointed out that the 10% preference is similar to the decision issued by the Emiri decree of the late Prince Shaikh Isa bin Khalifa Al-Khalifa on the preference of national products, but priority in tenders is given on the basis of financial evaluation. A presentation was made by the Department of Small and Medium Enterprise Development at the Ministry of Industry, Trade and Tourism on the important features of the electronic system for registration of small and medium enterprises and the general requirements for granting the classification certificate of the institution, in addition to the stages of implementation of the project and how to benefit from the services and programs for each stage, Attendees were also introduced to the steps of registering SMEs in the electronic system and required documents according to the size of the institution to obtain the classification certificate.
Country Bahrain , Western Asia
Industry Services
Entry Date 31 Jul 2019
Source http://www.akhbar-alkhaleej.com/news/article/1177073

Tell us about your Product / Services,
We will Find Tenders for you