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HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, praised the role of the Government Procurement Program of the Mohammed Bin Rashid Establishment for SME Development and its impact on opening up small and medium-sized Emirati entrepreneurs. Get more opportunities.
HRH said that the program recorded a qualitative leap in the support of the government and private sector to the SME sector, both in terms of the value of contracts and the number of supporting bodies, confirming the growing confidence in the capabilities and potential of entrepreneurship projects in Dubai.
The value of government procurement contracts submitted by the Foundation to members of the Government Procurement Program during the year 2017 was 44.5%, up from AED 858 million in 2016 to AED 1.5 billion.
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HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, said that the UAE, in light of the strategic value of this sector, To contribute mainly to providing the labor market with more opportunities, especially for young people, and what the sector can share in supporting GDP.
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