UAE Ministry of Finance Unveils PPP Manual to Propel Development Projects
The UAE Ministry of Finance has introduced a Public-Private Partnership (PPP) Manual aimed at enhancing cooperation between federal entities and the private sector. The manual outlines procedures for designing, planning, and implementing projects to ensure sustainable development and cost-effective execution.
- Country:
- United Arab Emirates
The UAE Ministry of Finance (MoF) has unveiled the Public-Private Partnership (PPP) Manual for Projects and Execution during a workshop at the Waldorf Astoria Hotel in Dubai International Financial Centre. Present at the event were key leaders from the ministry, federal entities, and private sector representatives.
The workshop detailed the manual's objectives and the stages of project implementation, emphasizing its role in supporting national development projects. Discussions also covered the governance mechanisms MoF will employ to ensure efficient application of the guidelines.
The manual addresses procedures for the design, planning, and implementation of partnership projects. Saeed Rashid Al Yateem, Assistant Under Secretary of Resource and Budget Sector, highlighted the guide's importance in enhancing public-private cooperation, achieving sustainable development, and promoting transparency and cost-efficiency.
(With inputs from agencies.)
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