The Dubai International Public-Private Partnership Conference (DIPPPC) will be held in October by the Department of Finance (DOF).
The purpose of the event is to expand cooperation opportunities between Public-Private sectors and to investigate new ways to engage with local and international investors.
The Dubai International Public-Private Partnership Conference will focus on PPP potential in the areas of water and power, roads and transportation, healthcare, and urban development.
The conference will bring together government agencies such as the Dubai Electricity & Water Authority (DEWA), the Roads and Transport Authority (RTA), Dubai Municipality (DM), and the Dubai Health Authority (DHA) to examine how to foster such collaborations in Dubai.
“We will work together with our strategic partners to unveil a portfolio of vital projects during the conference, which offers real opportunities for partnership with the private sector, these projects will provide a solid pillar for further building a vibrant PPP environment. We aim to transform Dubai into one of the world’s most prominent destinations for successful PPPs in investment, contracting, consulting, infrastructure development, and other vital areas related to the development of government projects.”
Governments in the Gulf are increasingly relying on the public-private partnership (PPP) model to help fund large infrastructure and utility projects. Many of them are working on regulatory frameworks to regulate PPP projects, with the goal of increasing transparency and attracting investment.
Mr. Saeed Al Tayer, managing director and chief executive of Dewa, commented that “Dubai is seeing several major projects that offer promising investment opportunities, especially in the fields of renewable and clean energy, Co-operation and integration between the public and private sectors are an important pillar for achieving the emirate’s goals.”
Dewa, a Dubai utility business that has invested $23.42 billion over the last five years to expand its water and power production capacity, will be one of the companies discussing investment opportunities.