AED10 billion tenders processed in Abu Dhabi

ABU DHABI / Emirates Business

Abu Dhabi’s Department of
Finance has announced that the ‘Al Maqta’a bidding hall’ processed tenders worth AED as much as 10,260,975,489 from ten different government entities in the Emirate of
Abu Dhabi during the first
half of 2017.
The aim behind Al Maqta’a
is to enhance transparency, competitiveness, and open-ness pertaining to tenders issued by Abu Dhabi-based government entities which are of a value of more than AED 100 million.
The capital and operational project tenders processed include infrastructure projects in Al Wathba North and various regions of Abu Dhabi, road works in Al Dhafra region, and service projects and government buildings such as establishing Abu Dhabi Disabled Sports Club.
Commenting on the announcement, Jamal Ahmed Al Khoori, Director of Government Tenders and Auction Support Management, Financial Policies and System Sector, said, “The Department of Finance in Abu Dhabi continues to implement the best standards of transparency and justice in procurement and government projects to ensure competition is fair and equal, as well as to strengthen the
financial system to support the emirate’s development process.
“Al Maqta’a bidding hall adopts the best legal and regulatory to enhance Abu Dhabi’s economic competitiveness through attracting foreign investments.”
The tenders processed were from a number of organisations including the Department of Municipal Affairs and Transport, Abu Dhabi City Municipality, Abu Dhabi Distribution Company, Abu Dhabi General Services – Musanada, and Abu Dhabi Tourism and Culture Authority.
The Al Maqta’a bidding hall was established in June 2015 for capital and operational project tenders.