Standing Committee meeting of  Economic Development in Ajman

Published on Sep 12 2017 - - Featured, Gulf - -

HE Eng. Abdullah Muwaiji Chairman of the Standing Committee for Economic Development in Ajman, the work of the ninth session of the year 2017 the Standing Committee for Economic Development of the Executive Board in Ajman in the presenceof members of the Committee, Mahmoud Khalil al – Hashemi, Ali Issa Al Nuaimi and young Eid Al Faraj and Saleh Jaziri and Salim Ahmed Al Suwaidi and Marwan Al Muhairi, also attended the work session Rapporteur of the Committee Khawla Yasi andDr. Abdullah Al – Hassan economic Adviser Department of economic development in Ajman.

Mr. Shihab Al Zaabi view of the control of the banks in the Department of the Central Bank (collective funding mechanism Small and medium – sized enterprises), indicating that the central bank is working to prepare a list for «collective financing» «Crawd Ffendinj», which is considered a new window to provide the necessary financing for small and medium – sized enterprises to promote the development of «projects micro», in collaboration with «Beehive» platform for collective financing , inorder to allow a range of investment opportunities through a selection of small innovative projects. On his part , Dr. Abdullah Hassan Economic Adviser in the Department of Economic Development last of what has been accomplished on the modernization of the economic sectors policy, aimed at promoting economic development in the Emirate for sustainable development and economic diversification. Chancellor addressed in some detail An analysis of the rates of growth inthe economic sectors in the Emirate of Ajman, according to scientific methodology witha focus on the priority of which it is hoped to achieve sustainable development in line with the vision of Ajman 2021 and aspirations of the wise leadership sectors.

Also saw the work of the ninth session of the year 2017 partnership policy between the government and the private sector, where the review of a draft summary of the partnership between the government and the private sector guide, which promotes the concept of partnership between the public and private sectors, and aims to promote investment opportunities, and raise the efficiency and effectiveness of governance and risk management, which It contributes to the diversification of infrastructure development of strategic infrastructure projects, and improve the quality of service mechanisms . The draft also took a look around the world ‘s most important practices ofthe partnership between the government and the private sector, as well as the legal framework for contracts for partnerships, and criteria for projects that are subject to a partnership, and how to choose the right partner, and the cycle of the same partnership, and the end of the procedures for placement and awarding of partnership projects.

At the end of the session , HE Abdullah Muwaiji thanked the members of the committee, stressing that the results of the previous sessions produced several recommendations and proposals that received special attention from the wise leadership of the General Secretariat of the Executive Council of the Emirate.

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