UAE News Today : Politics

DOF launches innovative Digital Platform to manage Public-Private Partnerships


During its participation in GITEX 2023, the Department of Finance (DOF) of the Government of Dubai launched a digital platform for project management under public-private partnerships (PPP).

The recently launched digital platform, called DP3, is unique and specialized in the management of partnership projects implemented between the public and private sectors, during all stages: from the identification and study of the project to the completion of its implementation and the start of its operation. The platform deals with government entities seeking to implement public-private partnership projects in the Emirate of Dubai.

“We are interested in successfully executing the government’s infrastructure projects by expanding the PPP framework under the supervision of the government, to involve the private sector in the implementation of infrastructure projects in various government sectors as well as their operation.”

saying HE Abdulrahman Saleh Al Saleh, Director General of the DOF.

“The platform will play an effective role in facilitating private sector participation in our PPP framework.”

During the DP3 launch ceremony at GITEX, Aref Abdulrahman Ahli, Executive Director, DOF General Budget and Planning Sectorsaying:

“Dubai’s strategic vision is based on the need to continue supporting large-scale investments in social and economic infrastructure, through alternative financing structures such as the PPP ecosystem, to establish large infrastructure projects whose contractual life can reach up to 30 years”.

“We are pleased to welcome all government entities under the umbrella of the new DP3 digital platform that was developed to automate and facilitate the management of PPP projects, from idea to implementation and operation, and until the completion of contracts. of the project”.

he added.

Muna Ahmed Abdulla, Director of the DOF Capital Projects Divisionsaying:

“The new DP3 digital platform will improve the governance of the adoption and implementation of the PPP framework in various government entities in Dubai and will enable the DOF to set goals and objectives that will support the expansion of the implementation of this ecosystem in various sectors and across services public”.

News source: Dubai Press Office


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