Team Blitz India
THE Executive Council of Dubai has approved a portfolio of public-private partnership (PPP) projects of the Dubai Government valued at AED40 billion.
The Department of Finance (DOF) of the Government of Dubai announced the portfolio as part of its PPP strategy. Featuring a wide variety of projects, the new portfolio aims to further enrich cooperation and inspire new collaborations between the public and private sectors in the emirate.
The ambitious vision is for Dubai to become a strong, vibrant hub for global economic development and a platform for emerging sectors. This vision enabled DOF to identify the best opportunities in the most active economic sectors and to create a portfolio worth AED40 billion of government projects that can be financed, implemented, and operated according to the PPP model.
Launching an abundant, strong portfolio of projects is a fundamental pillar of the Government’s PPP strategy, and the region is ready to benefit from the success achieved in the previous stages of developing the PPP ecosystem and continue to innovate in financing vital government projects.
DOF has well positioned Dubai’s PPP ecosystem to become a global innovative destination for governments seeking to finance infrastructure and urban development projects. The government efforts led by DOF have resulted in laying solid foundations for building a comprehensive and integrated system in PPP.
Over a three-year period, from 2024-2026, the new PPP projects portfolio will cover ten fundamental economic sectors. It will contribute to enhancing economic growth and infrastructure development in Dubai.
