{"id":93296,"date":"2024-06-27T00:00:00","date_gmt":"2024-06-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/ppp-guidelines-get-cabinet-sign-off\/"},"modified":"2024-06-27T00:00:00","modified_gmt":"2024-06-27T00:00:00","slug":"ppp-guidelines-get-cabinet-sign-off","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/06\/27\/ppp-guidelines-get-cabinet-sign-off\/","title":{"rendered":"PPP guidelines get cabinet sign-off"},"content":{"rendered":"

Cabinet signs off on new PPP guidelines: <\/strong>The cabinet has given its approval to the Finance Ministry\u2019s public-private partnerships (PPPs) manual, in accordance with the ministry\u2019s recent law regulating PPPs, Wam<\/a> reports. These guidelines aim to support the implementation of developmental and strategic projects by leveraging the \u201cfinancial, administrative, and technological expertise of the private sector,\u201d encouraging private sector participation in their \u201cefforts to develop national and strategic projects\u201d according to the state news agency.<\/p>\n

The manual outlines the roles of government entities in the PPP procedures and <\/strong>contracts,<\/strong> covering \u201cproposals from the private sector, market studies, value-for-cost assessments, project structuring, and management.\u201d Additionally, The manual sets priorities for partnership projects, evaluation methods for potential private sector partners, and procedures for participating in tenders. It also details new streamlined standards and mechanisms for PPP implementation. <\/p>\n

Background: <\/strong>The Finance Ministry announced in January<\/a> that it had established a new legislative framework to regulate PPPs, aiming to boost the private sector\u2019s role in national projects. The law took effect on 1 December 2023, replacing a decree (pdf)<\/a> the cabinet had issued in 2017. The Dubai<\/a> and Abu Dhabi<\/a> governments had also individually adopted PPP laws.<\/p>\n","protected":false},"excerpt":{"rendered":"

The law was enacted on 1 December 2023<\/p>\n","protected":false},"author":1,"featured_media":93297,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1561],"tags":[7,11,669,160],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-93296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulation-watch","tag-enterpriseam-uae","tag-finance-ministry","tag-public-private-partnership","tag-regulation-watch","wpautop","entry"],"acf":{"mongo_id":"c684ca93-a523-4f7e-87fd-357d98b360e4","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/1\/1589.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Cabinet approves guidelines for public-private partnerships","related_issue":[93278],"teaser":"The law was enacted on 1 December 2023","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.e58bf41b-6252-41a0-a312-b21e26f1b1fa.mp3"},"yoast_head":"\nPPP guidelines get cabinet sign-off - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2024\/06\/27\/ppp-guidelines-get-cabinet-sign-off\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PPP guidelines get cabinet sign-off\" \/>\n<meta property=\"og:description\" content=\"The law was enacted on 1 December 2023\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2024\/06\/27\/ppp-guidelines-get-cabinet-sign-off\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1589.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/27\/ppp-guidelines-get-cabinet-sign-off\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/27\/ppp-guidelines-get-cabinet-sign-off\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"PPP guidelines get cabinet sign-off\",\"datePublished\":\"2024-06-27T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/27\/ppp-guidelines-get-cabinet-sign-off\/\"},\"wordCount\":198,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/27\/ppp-guidelines-get-cabinet-sign-off\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1589.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM UAE\",\"Finance Ministry\",\"public-private partnership\",\"REGULATION WATCH\"],\"articleSection\":[\"REGULATION WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/27\/ppp-guidelines-get-cabinet-sign-off\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/27\/ppp-guidelines-get-cabinet-sign-off\/\",\"name\":\"PPP guidelines get cabinet sign-off - 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