Year of Giving will provide opportunities for public-private sector partnerships, say ministers

Abu Dhabi / WAM

The ‘Year of Giving’ will provide opportunities to build strong long-term partnerships between the public and private sectors through various programmes and agreements,
according to ministers and
officials.
They stated that government support for both sectors will promote the likelihood of success for private sector initiatives, as well as transform limited community programmes to more comprehensive and wide-ranging programmes based on the principles of human and community values. It will also highlight the role of private sector companies and foundations in the success of such joint programmes.
The interest shown by the general public, government officials and the media for the “Year of Giving” include the outcomes of projects such as the “Retreat of Giving” and the establishment of clear and specific processes for initiatives that involve private sector participation. The private sector should follow their social principles and identify clear and specific ways to help present a positive picture to their clients, as well as to strengthen their social responsibilities to their workers, they added.
The ministers and officials further stressed that the “Year of Giving” campaign that was launched by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, will enable the private sector to present itself as a strategic partner to the public sector for the creation of national initiatives.
According to their statement to Emirates News Agency (WAM), private sector institutions are required to use their resources and provide moral support to contribute to the success of the “Year of Giving” campaign and promote the nation’s efforts by strengthening the sustainability of giving and charity work that match the values of the UAE.
Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, stated that the “Year of Giving” campaign can be a massive opportunity for the private sector to contribute as a strategic partner to the public sector on long-term projects that can create higher revenues and establish real partnerships between both sectors.”
The Government programmes require concerted efforts, as well as material and moral contributions from institutions and their employees, to achieve the sustainable development and economic growth, he added.
He referred to ADNOC’s commitment to supporting the year of giving initiative, and its keenness to work closely with its different partners to maximise the positive effect for the initiative as it is the first front of the group and the closest communication point with community sectors.