The Dubai Government Department of Finance has announced the launch of a portfolio of public-private partnership projects, worth 40 billion dirhams, that were greenlit by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council in February. These projects aim to improve the quality of life for residents in the emirate, as per Arif Abdul Rahman Ahli, Executive Director of the Planning and Public Budget Sector in the Department of Finance.
The portfolio consists of 39 projects suitable for implementation under the public-private partnership model and will be available between 2024 and 2026 across ten sectors. These sectors include water and sanitation, waste management, culture and arts, housing, healthcare, road and parking infrastructure, parks and public facilities, transportation projects, smart cities and public transportation projects.
The water and sanitation sector accounts for the largest share of the partnership projects at 25.5 billion dirhams, followed by waste management at 5.3 billion dirhams. The culture and arts sector has projects valued at 2.8 billion dirhams while housing projects amount to 2.3 billion dirhams. The health care sector’s projects sit at 1.5 billion dirhams while road and parking infrastructure projects total 648 million dirhams. Parks
