Government and SMEs to boost cooperation

The Ministry of Finance (MoF) and Mohammed bin Rashid Establishment for SMEs (MBRE) held a government procurement forum on Wednesday in Dubai to inform ministries and independent government agencies on how to deal with members of MBRE, who will register with the federal supplier registration information system.

By Staff Report

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Published: Thu 25 Apr 2013, 10:44 PM

Last updated: Sat 4 Apr 2015, 9:34 AM

Held under the directives of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, the forum follows the decree No. 290/14 of the UAE Cabinet for the year 2012, which dedicates that 10 per cent of federal government procurement should support small and medium enterprises (SMEs). The forum witnessed the participation of Mariam Mohammad Al Amiri, assistant undersecretary for the management of financial resources at MoF, and Abdul Baset Al Janahi, CEO, MBRE for SMEs, along with representatives from ministries and government procurement directors at the federal agencies.

The government’s procurement forum aims to introduce the ministries and independent government agencies with guidelines on how to support members of the MBRE for SME Development who plan to register as procurement suppliers to the federal governments. The forum falls in line with the ministry’s commitment to strengthen cooperation between both government agencies and SMEs, in order to assist and promote an entrepreneurial culture, a key pillar for the country’s economic development.

Commenting on the forum, Younis Haji Al Khouri, undersecretary of the Ministry of Finance, said: “We are all aware that Shaikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, had issued ministerial decree No. (20) for the year 2000 on an administration of contracts system, which regulates the rules and procedures for the procurement of materials, construction works and business management contracts for the federal government. In line with the UAE cabinet’s distinguished directives the Ministry of Finance has been assigned to organise the federal government’s procurement affairs and methods of developing and supervising it, according to Decree No.(3) for the year 2009 issued by the Ministry of Finance on 8th January 2009.”

“Accordingly, MoF relies on the electronic supplier’s record with the central registry in order to enable communication and interaction with suppliers of all federal ministries and a number of independent bodies. Moreover, the ministry has also developed an e-procurement system so that registered suppliers can monitor all the tenders, the federal government practices and participate in it with flexibility and ease in accordance with the rules in force in this regard,” explained Al Khouri.

— business@khaleejtimes.com



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