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Tejari, a UAE-based leading business-to-business online marketplace, on Wednesday signed an agreement with the Hashoo Group, according to which Hashoo Group will be the operator of Tejari in Pakistan and will offer online procurement services to both the government departments and the private sector.
The agreement was signed by Murtaza Hashwani, Chief Executive, Hashoo Group of companies and Omar Hijazi, CEO of Tejari. Tejari is a subsidiary of the parent group "Dubai World", which consists of some important companies eg DP World, P & O Ports, Nakheel, One & Only, Dubai Maritime City, Dubai Dry Docks, Tejari etc.
Tejari Pakistan will provide services to all registered companies in finding, comparing and procuring products and services needed for day-to-day running of their businesses.
A press release said, "Aimed at automating and streamlining the administration and procurement cycle, the e-procurement solutions will help companies in Pakistan identify and compare prices online, enhance transparency and lower costs associated with paper-based procurement processes."
Murtaza Hashwani on the occasion said, "the launch of Tejari-Pakistan comes at a time where both the nations have paved way for mutual co-operation and understanding in the business arena. With large-scale investments in the public and private sector, Pakistan is growing at an accelerated rate and expanding across all business sectors. In order to meet the growing needs and demands of the nation, it is essential that the business community has an access to online procurement of goods and services."
Omar Hijazi remarked that Tejari has been aggressively targeting new markets to cultivate greater adoption of online procurement. Pakistan is one such market that has tremendous opportunities and exhibits huge growth potential. We are extremely pleased to be working with one of the most respected groups in Pakistan. Partnering with Hashoo Group has been a major milestone for Tejari as this is our first operation outside the Middle East region," the press release added.-PR

Copyright Business Recorder, 2006

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