The launch of the “Dubai Value” program to upgrade local industrialization

The Dubai Department of Economy and Tourism announced its cooperation with Dubai’s finance to launch the “Dubai Value” program, with the aim of encouraging and facilitating the spending of government agencies in the emirate on the local manufacturing sector, through the supply strategy “participates”.

The joint government purchases program “participates” to government agencies in Dubai allows preferential prices, from joint framework agreements signed with suppliers, under the management of the Dubai Financial Support Services Center.

This cooperation is expected to enhance the opportunities available to local manufacturing companies and those owned by Emiratis, which supports sustainable and comprehensive economic growth, especially since the program is part of the strategy of the Dubai Economy and Tourism Department aimed at establishing Dubai’s position as a global center for trade, investment and innovation.

By encouraging government agencies in Dubai to purchase local products, this initiative enables UAE companies to contribute effectively to achieving the Dubai Economic Agenda (D33) aimed at double the size of the emirate’s economy by 2033, and enhancing its position as a world leading destination for business and entertainment. The program also guarantees a greater percentage of government spending within the Dubai economy, which contributes to the growth of GDP.

The “participating” program from the Support Services Center covers 42 general category of products, starting from office stationery to medical supplies. The improved “Dubai Value” program works through the mixed model of the “Sharek” program, where seven major buyers of government agencies will be available to include the program standards in the strategy of purchasing “Sharak” before concluding joint framework agreements with suppliers. These include Dubai Municipality, Dubai Health, Dubai Police, Dubai Roads and Transport Authority, Dubai Customs, Dubai Electricity and Water Authority, and Dubai Airports.

These agreements are available to all participating government agencies, which ensures a consistent implementation of the program’s requirements within the public sector. In turn, the Dubai Department of Economy and Tourism will provide the necessary technical guidance, and to effectively promote the program to ensure that it is widely benefited from within the activities of the government agencies.

The “Dubai Value” program was designed to encourage government agencies to give priority to suppliers with strong local manufacturing capabilities, and this includes manufacturers working inside Dubai, companies owned by Emiratis, as well as companies that employ local competencies, and those registered in the emirate.

The inclusion of the “Dubai Value” program within the purchase strategy within the framework of the “Sharak” program contributes to ensuring easy access to government agencies and the main buyers, which promotes the procedures for purchasing operations.

Commenting on this cooperation, Hadi Badri, the Executive Director of the Dubai Economic Development Foundation, said, “In the context and vision of our wise leadership, we continue our firm commitment to supporting the growth and success of local companies in Dubai, which enhances the competitiveness of the emirate globally. The (Dubai value) program represents a qualitative shift in the government purchasing strategy, as it creates exceptional opportunities for local manufacturing companies, which is consistent with the targets of Dubai Economic Agency D33 ».

He added, “Our cooperation with Dubai’s finances, as well as other main bodies in the (participating) program, embodies the importance of cooperation between government agencies, in a way that contributes to exchanging experiences, and thus providing opportunities for small and medium enterprises, as well as local manufacturing companies that allow them to expand and succeed, in parallel with our focus on establishing a business system characterized by the highest levels of flexibility and sustainability in the emirate.

Close cooperation

The Executive Director of the Joint Services Sector in Dubai Finance, Hamid Al -Awadi, praised the close cooperation between the Department of Economics and Tourism in Dubai and Dubai Finance, in the inclusion of the “Dubai value” program within the purchase strategy, within the framework of the joint government purchases program “Tarhk”, stressing the importance of encouraging the Dubai government authorities to spend on the local manufacturing sector, in support of the Dubai Economic Agenda targets, and in order to build a solid foundation for local industries To flourish and contribute a clear contribution to Dubai’s vision of economic excellence.