Dubai Municipality launches innovative platform facilitating investment opportunities for private sector

Dubai Municipality launches innovative platform facilitating investment opportunities for private sector

DUBAI, 11th April, 2023 (WAM) -- Dubai Municipality has launched an innovative platform that showcases and facilitates collaborative investment opportunities for the private sector valued at approximately AED576.3 million.

The platform will enable private sector investors to submit proposals for joint projects with Dubai Municipality or apply to take advantage of existing collaborative investment opportunities offered by the organisation. The new platform provides a streamlined and transparent channel for the evaluation and approval of ideas and proposals, which saves time and hassle for investors.

The new platform is part of the Municipality's continuous efforts to enhance its procedures and provide a unified window for scoping and establishing partnerships with the private sector. The initiative contributes to the efficient management of the Municipality's financial resources and assets and promotes sustainable development in the emirate.

Najib Mohammed Saleh, Director of Commercial Affairs and Investment Department at Dubai Municipality, said, “Dubai Municipality’s new online platform raises the visibility of investment opportunities offered to the private sector and efficiently manages all aspects of the investment process, including proposal submission, evaluation of opportunities, approvals and signing of contracts. The platform is consistent with the Municipality's belief that the private sector is a valuable partner in ensuring the best