Dubai SME members win government procurement contracts worth Dh921.6m in 2021

  • Date: 22-Mar-2022
  • Source: Khaleej Times
  • Sector:Economy
  • Country:UAE
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Dubai SME members win government procurement contracts worth Dh921.6m in 2021

Since 2002, GPP has secured over 16,934 procurement contracts for 362 Emirati companies in varied sectors.

Published: Tue 22 Mar 2022, 9:17 PM Last updated: Tue 22 Mar 2022, 9:20 PM

Emirati entrepreneurs and national enterprises in Dubai won contracts worth Dh921.6 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 per cent higher than the Dh896.7 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 Dh8.4 billion for Dubai SME members, from 69 supporting entities across the government, semi-government and private sectors.

The Government Procurement Programme was implemented in line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, requiring government entities and establishments in which the government holds 25 per cent or more equity to allocate 10 per cent of their purchasing to Emirati companies that are members