Hamdan bin Mohammed approves AED40 billion worth of projects under the public-private partnership model

  • Date: 22-Mar-2024
  • Source: Emirates 24/7
  • Sector:Real Estate
  • Country:UAE
  • Who else needs to know?

Hamdan bin Mohammed approves AED40 billion worth of projects under the public-private partnership model



- Department of Finance of Government of Dubai announces diverse portfolio that will help to accelerate the local economy and create new job opportunities in the process
- Abdulrahman Saleh Al Saleh: The vision of His Highness Sheikh Mohammed bin Rashid is for Dubai to become a hub for global economic development and a platform for emerging sectors
- The new PPP projects portfolio will cover ten fundamental economic sectors over a three-year period, starting this year
During the first meeting of The Executive Council of Dubai since its reconstitution, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, approved a portfolio of public-private partnership (PPP) projects of the Dubai Government valued at AED40 billion.
The Department of Finance (DOF) of the Government of Dubai announced the portfolio as part of its PPP strategy. Featuring a wide variety of projects, the new portfolio aims to further enrich cooperation and inspire new collaborations between the public and private sectors in the emirate.Global economic player
His Excellency Abdulrahman Saleh Al Saleh, DOF Director General, said: “The ambitious vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the