Sharjah seeks to bolster public-private partnerships, draw more investments

SHARJAH / WAM

The Sharjah Chamber of Commerce and Industry (SCCI) has made a number of recommendations to strengthen the emirate’s public-private partnerships (PPPs), following the Cabinet’s recently approved decision to issue a federal law regulating partnerships between the federal authorities and the private sector in the UAE.
During its regular meeting held at the SCCI’s headquarters, the board of directors has ordered necessary arrangements to be put in place to fuel public-private sector partnerships, promote various business sectors in Sharjah, stimulate and attract further investments to the Emirate.
Chaired by Abdullah Sultan Al Owais, Chairman of SCCI, the meeting was attended by Sheikh Majid bin Faisal bin Khalid bin Khalid Al Qasimi, First Deputy Chairman of the Chamber, and Waleed Abdul Rahman Bukhatir, Second Vice Chairman of the Board of Directors, SCCI, as well as other board members and Mohammad Ahmed Amin Al Awadi, SCCI’s Director-General.
Al Owais stressed the importance of the private sector, saying it has always been a key tenet of Sharjah’s and the UAE’s comprehensive development journey. “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,” he added.