The emirate of Dubai has approved a portfolio of projects totaling Dh 40 billion as part of its public-private partnership policy.
During the first meeting of the Executive Council of Dubai following its reconstitution, the portfolio was approved by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Chairman of the Council.
The new portfolio, which includes a wide range of projects, attempts to stimulate new partnerships and enhance existing ones between the emirate’s public and commercial sectors.
The government’s PPP strategy is based on the fundamental tenet of “launching an abundant, strong portfolio of projects,” he continued. “We are ready to benefit from the success achieved in the previous stages of developing the PPP ecosystem and continue to innovate in financing essential government projects.”
Also Read:
Discover the True Flavor of Ramadan at The Spicery’s Iftar Event
Sheikh Mohammed says, “Mother is the Greatest Person in Our Lives.”
