free space

Dubai..Attractive city for investment

Daoud Al-Hajri

June 17, 2022

All indicators show that Dubai has become a global city that attracts investment, and is ready with its world-class infrastructure.

The government sector in Dubai seeks to jointly benefit with the private sector in various fields, believing in the importance of this sector’s role in adding greater value and a high competitive advantage, as cooperation with the private sector will contribute to the growth of investments in the emirate, which has become the best city to live in and invest in.

This is evident through the various projects that the public sector has entered into with the "private" in various partnerships, for example the "Dubai Waste Treatment Center" project, the largest and most modern facility of its kind in the world to convert waste into energy.

Since infrastructure projects are one of the pillars of modern life for a prosperous economy and an advanced society, they are considered essential with their positive impact on the economy, and activating the business and investment climate.

From this point of view, Dubai Municipality has been keen to establish a partnership with the private sector to implement the "Dubai Waste Treatment Center" project, believing that the partnership between the public and private sectors will contribute to launching major development projects, improving the level of services, and moving the economic wheel.

This huge, largest and most modern project in the world will treat about 5,666 tons of municipal solid waste that the emirate produces daily, and the equivalent of 1.9 million tons annually, into renewable energy, which will feed the local electricity network with about 200 megawatts of clean energy by converting waste into Energy, which certainly contributes towards an environmental goal as well as in line with the UAE's approach to environmental sustainability.

Such partnerships between the public and private sectors greatly help to establish the appropriate ground for attracting investments and providing job opportunities in various economic sectors, as well as their direct impact on enhancing the quality of services, which in turn enhances the quality of life.

There is no doubt that strengthening partnerships between the public and private sectors is one of the most important pillars of governments in diversifying and strengthening the economy, in order to shape its strong economic cycle, as encouraging the private sector to enter into large partnerships related to the city has become one of the most important directions for cities, to establish a strong and sustainable economic environment.

 Director General of Dubai Municipality

To read the previous articles of the writer please click on its name.  

Public-private partnerships help establish a platform for attracting investments.