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Majority of delegates expect value for money in public-private partnerships
BY MATOVU ABDALLAH TWAHA January 16, 2018
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DUBAI: A big majority of delegates attending the two-day second UAE Public Policy Forum that was opened on Jan.15 at the Dubai World Trade Centre (DWTC) has expressed hope in having the model garner value for money as it will attract private resources to public projects.

Organised by the Mohammed Bin Rashid School for Government (MBRSG), the forum is drawing 1,000 local, regional and international stakeholders interacting with over 90 discussants deliberating under the theme, “Shaping the Future of Public Private Partnerships.”                                                               

In the course of deliberations, the moderators pause to ask the public’s response to questions about the advantages or possible potential of PPP.

On the question of what they are expecting out of PPP, the delegates, who had to vote once through supplied pads, voted possibilities of getting value for money at 42 per cent, above attracting private resources to public projects (22 per cent) and above government sharing risks (19 per cent or improving on technological innovation (17 per cent).

The question was raised in the session; “PPPs: A Catalyst for Reform or Commercialisation of a Public Service?” moderated by the Managing Director and Co-founder of Edu Alliance Ltd, Dr Senthil Nathan.

Featuring on the session were the General Manager of MasterCard for Southern Gulf (UAE and Oman), Eyad Al-Kourdi –“the model will realise higher growth of the economy”; and the Dean of the College of Medicine at MBR University of Medicine and Health Sciences, Dr Alawi A. Alsheikh-Ali –“the value in PPP is beyond monetary. We can as well take the 2 Ps to represent two private companies working together or two public firms joining arms.”

Other panellists were the PPP legal specialist at Allen and Overy Law Firm, Stephen King; the political science don at UAE University, Dr Clara Morgan and the Regional Manager and Head of MENA IFC PPPs and Privatisation Financial Advisory, Muneer Ferozie.

The forum is held under the patronage of the Crown Prince of Dubai and Chairman of the Executive Council, Sheikh Hamdan Bin Mohammed bin Rashid Al Maktoum. It looks at the sectors of health, transportation, sustainable development and science and technology in shaping future government.

At the same forum, the UAE ministers of Economy, Sultan Bin Saeed Al Mansoori as well as of Education, Hussain Ibrahim Al Hammadi featured on the Round Table discussing “Constraints, Challenges and Prospects of PPPs” along with the Executive President of MBRSG, the head of the Roads and Transport Authority (RTA) and the Director General of the Department of Finance in the Government of Dubai, Abdulrahman Al Saleh.
 

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