Dubai SME members win govt procurement contracts worth Dh921.6 million in ’21

  • Date: 22-Mar-2022
  • Source: Gulf News
  • Sector:Economy
  • Country:UAE
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Dubai SME members win govt procurement contracts worth Dh921.6 million in ’21

Dubai: 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 last year were around 3 per cent higher than the Dh896.7 million achieved in 2020, according to a report by Dubai SME, a Department of Economy and Tourism agency. 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 success of the GPP is testament to the high priority that the Dubai government places on supporting start-ups. The programme has provided exceptional opportunities for local entrepreneurs to demonstrate their success in turning innovative ideas into commercially viable projects in a range of sectors,” said Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council. The GPP 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