Sharjah looks to boost public-private partnerships

Sharjah is taking steps to strengthen the emirate’s public-private partnerships (PPP).

The Sharjah Chamber of Commerce and Industry (SCCI) have made a number of recommendations following the Cabinet’s recently approved decision to issue a federal law regulating partnerships between the federal authorities and the private sector of the UAE.

During a meeting at the SCCI’s headquarters, the board of directors ordered necessary arrangements to be put in place to fuel PPPs, promote various business sectors in Sharjah, and stimulate and attract further investments into Sharjah.

"The issuance of a federal law regulating the partnership between the federal authorities and the private sector will certainly bring about positive outcomes that will not only promote Sharjah’s sustainable development but also accelerate growth rates in many sectors of the national economy," said Abdullah Sultan Al Owais, Chairman of the SCCI.

Al Owais also emphasized that the chamber is committed to fostering an integrated business environment that stimulates and advances PPPs.

“The SCCI takes great interest in representing the business community in the best way possible, while also encouraging it to enter into comprehensive development and economic partnerships that enhance Sharjah's economy and contribute to realizing some of the major objectives of Sharjah’s and the UAE’s development plans,” he said.

During the meeting, the SCCI’s board of directors reviewed a number of indicators related to the private sector in Sharjah and recommended launching additional initiatives to boost economic progress and improve the sustainable performance of the private sector.