Dubai SME members win government procurement contracts worth $251mln in 2021

Dubai SME members win government procurement contracts worth $251mln in 2021

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DUBAI: Emirati entrepreneurs and national enterprises in Dubai won contracts worth AED 921.6 million from various local and federal government entities, semi-government bodies and private businesses in 2021 as part of the Government Procurement Programme (GPP).

In value terms, GPP contracts won by various beneficiaries last year was three percent higher than the AED 896.7 million achieved in 2020, according to a report by Dubai SME, one of the agencies of the Department of Economy and Tourism (DET) in Dubai. The report also showed that since 2002, GPP has so far succeeded in facilitating contracts worth over AED 8.4 billion for Dubai SME members, from 69 supporting entities across the government, semi-government and private sectors.

GPP was implemented in line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, requiring government entities and establishments in which the government holds 25 percent or more equity to allocate 10 percent of their purchasing to Emirati companies that are members of Dubai SME.

"The success of the Government Procurement Programme is testament to the high priority that the Dubai government places on supporting start-ups as part of His Highness Sheikh Mohammed bin Rashid Al Maktoum’s