Ajman Ruler issues law to regulate public-private partnerships

Ajman Ruler issues law to regulate public-private partnerships

H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has issued law on regulating partnerships between the public and private sectors in the emirate of Ajman.

The law aims to encourage the private sector to engage in developmental projects, as well as attract national, regional and international investments in all areas, supporting the emirate’s economic and social development.

It will also support projects in local, regional and international markets by increasing their competitiveness, as well as promote the principles of governance through managing economic activities.

H.H. Sheikh Humaid bin Rashid Al Nuaimi

Ruler of Ajman “The emirate of Ajman has become a model to be followed for strengthening the partnership between the public and private sectors, due to the inspiring vision of Sheikh Humaid. The new law underscores the aspirations of the Ajman Government to foresee the features of the coming period in terms of financing vital government projects, through the partnership between the public and private sectors.”

Sheikh Ammar also affirmed the law’s importance in strengthening the relations between the public and the private sectors, by increasing productivity, improving the quality of public services, transferring knowledge and expertise from the private to the public sector, and boosting the capacities