03/04/2025 Finance and investment | HE Younis Haji Al Khoori, Undersecretary of Ministry of Finance
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In today's rapidly evolving world, no single sector can carry the weight of development alone. The journey toward sustainable growth, better services, and more resilient communities is no longer just a government endeavour-it's a shared responsibility. That's why the partnership between the public and private sectors has become more than just a technical framework; it's a philosophy for progress.
The Ministry of Finance has prioritised creating a robust framework for this partnership, establishing legislative and regulatory foundations that enable federal entities to execute projects efficiently while encouraging private sector investment in strategic, high-impact projects.
In this respect, Federal Law No. (12) of 2023 on Regulating the Federal Public-Private Partnerships (PPP) represents a pivotal turning point. It's more than legislation-it's a statement of intent. The law provides a clear framework that ensures transparency, accountability, and fair distribution of roles and responsibilities, aligning with shared interests.
But laws alone aren't enough-we need practical tools to bring them to life. That's where the Federal PPP Projects Manual, issued by the Ministry of Finance after Cabinet approval, steps in. This guide is not just a procedural manual; it's a practical roadmap that helps government entities and private partners navigate every stage of a project-from planning and design to execution and management.
More importantly, the guide provides a clear methodology that ensures the highest levels of governance while maximising the use of available resources, thereby enhancing the quality of public services and delivering innovative, effective solutions across various sectors.
What makes PPPs truly powerful is that they go beyond funding. They bring together the best of both worlds: government vision and private sector innovation. These partnerships are platforms for exchanging knowledge, building institutional capacity, and applying global best practices in service delivery. They combine operational efficiency, financial strength, and technical expertise in a way that empowers governments to serve communities better and faster.
The Ministry of Finance, in collaboration with relevant authorities, has identified key priority sectors where public-private partnerships can drive the greatest value-including infrastructure, energy, education, healthcare, and community services-all aligned with the strategic objectives of the UAE. With that in mind, the ministry is committed to implementing vital projects reflecting this approach.
Driven by the belief that awareness and capacity-building are key to the success of such partnerships, the Ministry has launched a series of awareness workshops. These meetings provided government entities and private sector stakeholders with insights into the partnership guide and its implementation mechanisms, helping to maximise the benefits of the new regulatory framework and ensuring that projects are executed according to international best practices.
In today's fast-evolving economic environment, public-private partnerships are not a luxury-they are a necessity. They provide a resilient, flexible, and efficient model for sustaining public services and delivering high-impact development projects. Recognising this, the Ministry continues to pursue this path with a clear strategic vision: to integrate public resources with private sector expertise in a way that drives innovation, efficiency, and value.
This approach not only strengthens the UAE's development journey but also positions the nation as a global model for successful and future-ready partnership frameworks-fully aligned with the ambitions of the UAE Centennial 2071.
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