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Municipality plans Dh10bn opportunities every year -

Municipality plans Dh10bn opportunities every year

Eudore R. Chand

DUBAI 19 May 2022: The new restructuring plan of Dubai Municipality seeks to transform itself into an organisation with a private sector mindset that provides globally-benchmarked services, while keeping pace with the latest developments in sustainable development, environmental preservation, combating climate change and the circular economy. The plan also seeks to promote productive partnerships with the private sector and create new business opportunities worth Dh10 billion per year.

The restructuring plan also aims to reduce operational costs by 10 percent, and improve the quality of services by 20 percent, in addition to maximising the economic, tourism and commercial potential of the Municipality’s public assets. The plan has outlined eight major areas for the Municipality to develop partnerships with the private sector, said Wam.

The restructuring plan for Dubai Land Department seeks to improve the competitiveness of Dubai’s real estate sector and improve operational efficiency by 20 percent. The plan has a key focus on making Dubai one of the world’s highest ranked cities in various real estate market indicators including safety and transparency in the coming years. The plan also aims to enhance investment in the real estate sector and improve governance in the sector.

The comprehensive restructuring plans of Dubai Municipality and Dubai Land Department, were announced during a recent meeting of the Dubai Council.

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and First Deputy Chairman of the Dubai Council, and H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance and Second Deputy Chairman of the Dubai Council, were briefed on the strategic and restructuring plans of Dubai Municipality and Dubai Land Department by Mattar Al Tayer, Commissioner-General for Infrastructure, Urban Planning and Wellbeing and Member of the Dubai Council.

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