Bapco, Tamkeen organise e-Procurement workshop
- Bahrain: Wednesday, February 04 - 2009 at 16:33
- PRESS RELEASE
The Bahrain Petroleum Co. (Bapco), one of Bahrain's biggest companies, which engages in several millions of dinars worth of business with local companies, has stepped up to the plate to join an initiative by Tamkeen (Labour Fund) to familiarise Bahrain's growing SME sector with modern e-Procurement procedures.
Bapco's e-Procurement Pilot project leader Gary Gribbin outlined the Bapco strategy, emphasising the changes expected within the local market. He explained that Bapco will continue to support the local economy by providing e-Tendering opportunities for local suppliers, but stated that local suppliers must develop the technology, applications, business processes and skills to compete effectively in the e-Business market.
Tamkeen's Private Sector Support Manager Dr. Mohammed Amin outlined the initiatives currently provided to improve the business opportunities, skills and efficiencies of small and medium suppliers. He explained that Tamkeen's main objectives are to support the private sector which is considered one of the key success factors for enabling the e-Procurement project to achieve its intended targets.
The effort to ensure that SMEs are integrated into Bahrain's growing e-market place circuit is of key importance at Tamkeen and is closely monitored by the executive team who are currently investigating and consulting with the various stakeholders the potential of this project. Suppliers have identified the need for ICT and business assessment, upskilling of procurement staff and changes in procurement policies and strategies in the big organisations in order for SMEs to benefit from e-Procurement.
Bapco Chief Executive Abdulkarim Al Sayed expressed his commitment to the project, saying that Bapco was always deeply aware of its commitment to the national economy and fully understood that SMEs played a vital part in the future development and prosperity of the Kingdom.
Initial conclusions from the workshop were provided to Bapco and Tamkeen Chief Executives Abdulkarim Al Sayed and Abdulellah Al Qassimi ahead of a full-scale report and action plan.
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The Kingdom of Bahrain has taken vital steps towards a labour market reform which is an essential stride to ensure that the human capital of the country is developed and that employment is made more attractive for localisation as well as to improve performances of businesses. The strive towards labour reform will impact the Kingdom's economy and raise standards of living as well as pose a challenging commitment to the improvement of services in Bahrain.
Tamkeen (Labour Fund) is a semi-autonomous yet independent authority which formulates strategic and operational plans to use the fees collected by the LMRA in order to enhance the overall prosperity of Bahrain by investing in Bahraini employability, job creation, and social support. Hence, the Tamkeen (Labour Fund)'s main objectives are (i) to support Bahrainis to become the employees of choice, and (ii) to support high quality private sector job creation and helping the private sector cope with the impact of labour market reform.
To achieve these objectives, Tamkeen (Labour Fund) will invest (i) in the cost and quality competitiveness of Bahrainis (e.g., reduction of cost of employing Bahrainis relative to expatriates, investment in skill and work ethic development programs of Bahrainis) and tackle employment barriers on both employer and labour market entrants sides through a combination of financial incentives and capability building, and (ii) in supporting the private sector's adjustment to new cost structures by providing access to capital to alleviate short-term cash constraints or improve productivity, and in know-how initiatives that support improvements in productivity and decreased reliance on expatriate labour through spreading management and technical knowledge.
For Media Enquiries, you may contact:
Hala Sulaiman
Manager-Marketing Communications
Chief Executive's Office
Tamkeen (Labour Fund)
Tel: +973 17383335
Fax: +973 17382352
P.O. Box 18131
Manama, Bahrain
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Posted by Siba Sami Ammari



