Dubai Municipality has launched an innovative platform that showcases and facilitates collaborative investment opportunities for the private sector.
The platform will enable private sector investors to submit proposals for joint projects with Dubai Municipality or apply to take advantage of existing collaborative investment opportunities offered by the organisation.
The new platform is part of the Municipality's efforts to enhance procedures and provide a unified window for scoping and establishing partnerships with the private sector.
The platform features an electronic system that enables both domestic and foreign investors to monitor the implementation and documentation of the investment process, significantly reducing the steps and time involved in application, evaluation and approval procedures.
It will also generate reports on investment opportunities and revenues, and provide accurate and up-to-date data that can support decision-makers. The platform will help the Municipality raise its efficiency, efficiently utilise resources and maximise yields and revenues.
Najib Mohammed Saleh, Director of Commercial Affairs and Investment Department at Dubai Municipality, said, “the platform is consistent with the Municipality's belief that the private sector is a valuable partner in ensuring the best possible utilisation of its diverse assets. The initiative supports our broader strategy to contribute to realising the goals of the Dubai Economic Agenda D33 to consolidate the emirate’s status as one of the world’s top three cities and raise its global competitiveness over the next decade.
“The platform provides investors the tools needed to evaluate investment opportunities proposed by the Municipality and apply for them as well as suggest new investments. The platform also facilitates the speedy renewal of contracts,” he added.
#DubaiMunicipality launched the innovative platform for new investment opportunities on its website, which enables all investors to check and apply for available investment opportunities easily.https://t.co/PieSokQn1n pic.twitter.com/lOYLn6zy6K
— بلدية دبي | Dubai Municipality (@DMunicipality) April 11, 2023
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