More PPPs Needed to Enhance Dubai Maritime

 

The council during the meeting, its fourth since its establishment in2014, examined the need to modernise infrastructure, developed legislative, legal and logistics aspects, and further diversify investment opportunities to enhance the efficiency and competitiveness of the local maritime community.

 

A key finding was that more dynamic public-private partnerships are needed to enhance competitiveness with other maritime hubs, such as Oslo, London, Hong Kong and Singapore.

 

They agreed to achieve this through the launching of innovative initiatives under the umbrella of the Marine Advisory Council, which will encourage the private sector to actively participate in the ambitious development projects required to advance the establishment of a competitive and sustainable maritime sector.

 

“We are confident that our efforts to encourage active partnerships with the public and private sectors will significantly drive the ambitious aspiration to elevate Dubai among the ranks of the most prominent maritime capitals in the world by 2020,” said Amer Ali, executive director of Dubai Maritime City Authority.

 

"We look forward to exploring new avenues for improving the quality of marine and logistics services in order to keep pace with emerging trends and enhance regional and international investor confidence in competitive local maritime elements in line with the objectives of the Dubai Maritime Sector Strategy,” he added.