The Ministry of Finance has issued a Public-Private Partnership Manual and has defined priority sectors for the first phase.

The UAE Ministry of Finance has announced the approval of the Public-Private Partnership Manual by the UAE Cabinet. The manual aims to provide a policy and procedural framework for federal government entities to efficiently implement developmental and strategic projects. It also encourages collaboration with the private sector to benefit from their expertise.

The initiative aims to create optimal conditions and support national efforts to stimulate investment in joint projects between federal entities and the private sector. The manual governs the operations and processes for designing, planning, and implementing projects, ensuring transparency and clarity for all parties involved.

The manual defines the roles and responsibilities of relevant entities by documenting procedures related to public-private partnership contracts and governance. It also includes instructions on determining priorities for partnership projects, evaluating proposed projects, selecting partners, and submitting bids and offers to potential partners in the private sector.

Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, highlighted the UAE's commitment to sustainable economic growth through cooperation between the public and private sectors.

The UAE Ministry of Finance has identified priority sectors for future partnership projects, including infrastructure, energy, healthcare, social services, and education. The goal is to enhance cooperation and dialogue between the public and private sectors to build and manage integrated and effective strategies. This step aims to transfer knowledge and experience from the private sector to federal entities and to develop governance frameworks to maintain government efficiency.