The Dubai Department of Finance has announced the establishment of a Public-Private Partnership Unit.
Abdul Rahman Saleh Al Saleh, Director General of the Dubai Department of Finance, said that the development of a sustainable, high quality infrastructure is key to the success of any advanced global city such as Dubai, stressing the Department of Finance's continuous efforts to provide incentives for economic growth and promote the sustainability of the public sector in Dubai. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. Al Saleh stressed the great focus of the Government of Dubai on the partnership between the public and private sectors, in order to benefit from local and international private sector expertise and efficiency and innovation factors, pointing out that the Department has finalized the policy on public-private partnership for the Government of Dubai, and began to work on Develop a partnership framework at the Emirate level.
Al-Saleh expected that the private sector will be involved in joint projects and initiatives with the government over the next few years worth tens of billions of dirhams, stressing that companies are aware of the benefits that can be achieved through government partnership in infrastructure development projects in various sectors.
Arif Abdulrahman Ahli, Executive Director of the Planning and Budget Department at the Department of Finance, announced the establishment of a Public-Private Partnership Unit in the Department of Finance, the development of operational guidelines based on global best practice at the level of the contracting life cycle, and the formulation of a unified budget approach to manage Public-private partnership commitments.