Ad

UAE Grants Priority in Procurement Contracts to Companies Meeting Emiratisation Targets

UAE Grants Priority in Procurement Contracts to Companies Meeting Emiratisation Targets
Ad

The Ministry of Human Resources and Emiratisation (MoHRE) and the Ministry of Finance (MoF) said companies committed to meeting annual Emiratisation targets of 2 percent growth will now get a priority in tendering for government procurement contracts.

The new initiative reflects the notable commitment to ensure the success of Emiratisation policies in the private sector.

The new benefit for companies committed to Emiratisation targets complements the others benefits, which include enlisting them in the Emiratisation Partners Club, the benefits of Nafis to companies and individuals, such as the financial support, provision of a database of UAE nationals qualified to work in the private sector and the Pension Programme that provides pension contribution support, among other benefits.

Younis Al Khoori, Under-Secretary of MoF, said,

“The Ministry of Finance is working to meet all the necessary requirements to advance the Emiratisation process, ensure the active participation of UAE nationals in the labour market, and increase their contribution to the national economy, in line with our commitment to implementing the UAE leadership’s vision and our own strategy at the Ministry. We firmly believe in the positive role Emiratisation plays in strengthening and developing the national economy.”

He added,

“Granting priority to companies committed to achieving Emiratisation targets in the government procurement system is a form of support and an incentive for them, in recognition of their alignment with national strategic directions. To that end, enhancing these companies’ business activities will undoubtedly lead to increased contributions on their part towards supporting government and national goals across various sectors.”

For her part, Ayesha Belharfia, Under-Secretary for Emiratisation Affairs at MoHRE, said,

“The launch of this new benefit for companies committed to Emiratisation targets reflects the shared vision and responsibility among government entities to support the Emiratisation process. The new initiative presents a strategic national approach for sustaining growth and leadership, while achieving the UAE’s ambitious economic objectives.”
“The Ministry strives to establish a collaborative and encouraging environment, raising awareness among companies about the Emiratisation process and its benefits, while offering them various benefits provided by the Ministry and its network of government partners,”

she added.

The Ministry of Finance recently launched a digital procurement platform as part of its digital transformation strategy, allowing suppliers in the UAE and abroad to register and offer services to federal government entities. Around 14,000 suppliers have registered in the platform, which provides various services, allowing users to participate in tenders and online auctions, as well as track purchase orders and invoices. It also aims to enhance the participation of small and medium-sized enterprises (SMEs) in tenders by offering them special advantages.

MoF continues to upgrade supplier services through internal and external strategic initiatives, in collaboration with other federal entities, in order to enhance user experience and expand the supplier register database.

News Source: Emirates News Agency

Ad
Ad
Ad
Dark Light