DUBAI: Dubai is reducing the amount of government-related procedures businesses face by 30 per cent over the next three months in an effort to improve operating conditions in the emirate, Crown Prince Sheikh Hamdan bin Mohammed said on Wednesday.
The move is a part of Dubai’s efforts to reduce the cost of doing business, Sheikh Hamdan said after a meeting to review steps being taken to support the private sector, report agencies.
“Normal life has resumed and the increased stability of businesses will help raise the sustainability of Dubai’s economy. We are determined to further support businesses and deepen the confidence of investors as part of ensuring a win-win partnership,” he said.
Promoting partnerships with the private sector is a key objective of Dubai’s government, Sheikh Hamdan said. The emirate is also planning to grant the private sector more access to government projects.
“Dubai’s public and private sectors have a longstanding partnership, and as part of expanding its scope, we are seeking to grant the private sector more access to government projects.