Dubai Economy’s dedicated agency for the support of the Small and Medium enterprise (SME) sector, Dubai SME has enabled its members to gather $243.94 million worth of contracts from 61 local and federal government entities and other establishments last year.
Dubai government’s Government Procurement Programme (GPP) has made a significant contribution to the start-ups and SMEs in Dubai, enhancing their competitiveness and sustaining growth in spite of COVID-19.
These procurement contracts reiterate the importance of the GPP initiative in helping Emirati entrepreneurs to make a vital contribution to the national economy while further facilitating collaboration between the various entities supporting the SME sector and economic development in Dubai.
Sami Al Qamzi Director General Dubai Economy
“The Government Procurement Programme reflects the continuity and firm commitment from the public and private sectors in the country to supporting SMEs. In spite of Covid-19, a total of 61 governmental, semi-governmental, and private entities cooperated with Dubai SME members in 2020.
Simultaneously, the Programme has become a benchmark for the diversity and competitiveness of Dubai SME members. We are grateful to the leadership for their foresight and we look forward to SMEs emerging as a strategic component of sustainable and innovation-driven economic growth in Dubai, and the UAE.”
The Law No. (16) of 2016 on issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai mandates government agencies, institutions, and entities in which the government holds 25% or more in equity to allocate 10% of their purchases to Emirati companies that are members of Dubai SME.
Government Procurement Programme (GPP)
The Government Procurement Programme (GPP) has so far supported Dubai SME members in gaining $2.4 billion worth of contracts. GPP members are also exempt from registration fees for membership in the smart procurement portal for government procurement.
Last year, Dubai SME members won $243.94 million worth of contracts under GPP of which 47 percent were from Dubai Government entities while 22 percent came from semi-governmental entities, 21 percent from the private sector, and the remaining 10 percent came from federal government entities.
“All government agencies have been directed to extend stronger support and collaborate in implementing the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum towards achieving the GPP goals set in 2002,” Mr. Abdul Baset Al Janahi, CEO of Dubai SME added.
