A leading platform to stimulate dialogue between decision makers in the two sectors

The Dubai Public-Private Partnership will be held under the umbrella of Expo 2020 next October

  • Awad Saghir Al-Ketbi.

    From the source

picture

Pursuant to the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to create the best conditions to encourage various business sectors in Dubai, stimulate investment and attract more new investments, and within the framework of Dubai’s position as one of the leading commercial and financial centers In the world, the Department of Finance in the Government of Dubai has announced the development of strong action plans to ensure the building of a solid and robust system of partnership between the public and private sectors, based on the Law No. 22 of 2015.

This announcement comes in the context of Dubai Finance's organization of the "Dubai International Conference on Public-Private Partnership", which will be held next October under the umbrella of "Expo 2020 Dubai", to form a leading platform to stimulate dialogue between decision makers in the public and private sectors. Regarding partnership opportunities between them, and promoting innovative ways to develop partnerships with local and international investors, especially between the main government agencies in the emirate, foremost of which are the Dubai Electricity and Water Authority, the Dubai Roads and Transport Authority, the Dubai Municipality, and the Dubai Health Authority.

Governmental entities

The Director General of the Department of Finance in the Government of Dubai, Abdul Rahman Saleh Al Saleh, welcomed the expected participation of all government agencies and the private sector in the Dubai International Conference on Public-Private Partnership, pointing out that this conference constitutes a “unifying melting pot” that enables all stakeholders to: Working in harmony to crystallize the system of partnership between the public and private sectors, within a clear regulatory framework that ensures the success of efforts aimed at building the future of the city of Dubai according to the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

He added: “We and our strategic partners from government agencies concerned with the public-private partnership system intend to unveil during the conference a portfolio of vital projects for the main government agencies, which constitute real opportunities for partnership with the private sector, and a solid pillar upon which this system is based.

We hope that Dubai will soon become a global destination for those concerned with the issue of partnership between the public and private sectors from the sectors of investment, contracting, consultancy, infrastructure development, and other vital sectors related to the development of government projects.”

Energy and Water

Dubai Electricity and Water Authority is considered the sovereign player in the energy sector in the Emirate of Dubai, given its strategic operations for the production of energy and water.

The authority continues to develop a world-class infrastructure, with investments estimated at about 86 billion dirhams over five years in the energy and water sectors, to enhance the authority’s production capacity to keep pace with the increasing demand for electricity and water and to provide its services to more than one million customers in Dubai, according to the highest standards of quality, availability, reliability and efficiency.

In this context, Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority, said: “In light of the ambitious visions and development renaissance that Dubai is witnessing in all fields, which translates into giant projects and promising opportunities, especially in the fields of renewable and clean energy, cooperation and integration between The public and private sectors are an important pillar for achieving the emirate’s ambitions and consolidating its position as an advanced model that provides an appropriate climate and environment that supports investment.”

He added: “DEWA has strategic partnerships with many international companies, especially in the renewable and clean energy sector.

The authority is cooperating with international companies in the implementation of the projects of the Mohammed bin Rashid Al Maktoum Solar Energy Complex, according to the Independent Energy Producer System, stressing that the authority has attracted investments estimated at 40 billion dirhams through a model that enhances partnership between the public and private sectors, and through which it has achieved record numbers. Globally, at the lowest prices for solar energy projects for five consecutive times, until Dubai became a benchmark for solar energy prices worldwide.

Roads and transportation

The Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority, Mattar Muhammad Al Tayer, affirmed that “the authority has developed a comprehensive road map to enhance partnership with the private sector in the next five years, which includes the implementation of 14 projects in partnership with the private sector, with a financing value of more than five billion dirhams, within The partnership strategy with the private sector, which is part of the investment strategy of the authority, and the investments vary to include a range of services in the infrastructure and means of transportation such as the development of bus stations, the development of multi-storey parking according to innovative business models, the project to develop road lighting, and the development of land according to a directed development model ».

urban development

Many international indicators testify to the high level of the Emirate of Dubai in terms of civil progress and urban sophistication, and the municipality launched, in the context of the public-private partnership, a waste treatment project, which is considered one of the world's largest waste-to-energy stations, at a cost of about four billion dirhams. A coalition of local and international companies built and operated this project under the name “Dubai Waste Treatment Center”.

Daoud Al Hajri, Director General of Dubai Municipality, said: “Dubai is one of the most active and dynamic cities in the world, and an attractive destination for investment, and at a time when cooperation and partnership between government agencies and the private sector has become a necessity, Dubai Municipality was one of the first government departments to launch partnership with the private sector. Pointing out that the municipality will work during the next stage to strengthen partnership with the private sector by involving it in many infrastructure projects.

Health and safety

The vision of the Dubai Health Authority is to reach a healthier and happier society, and the authority carries the mission of making Dubai a leading destination for healthcare.

The Director-General of the Dubai Health Authority, Awad Saghir Al Ketbi, said, "The holding of the Dubai International Conference on Public-Private Partnership, next October, under the umbrella of (Expo 2020) confirms Dubai's ability and great potential to overcome the challenges imposed by the Covid-19 pandemic, and the emirate's ability to To turn these challenges into opportunities for construction and achievement to move forward in the march of development and growth witnessed by Dubai, as it prepares to enter a new phase in which it will be more flexible, efficient and able to deal with emerging challenges and changes.”

Follow our latest local and sports news and the latest political and economic developments via Google news