The Government Purchase Programme (GPP) at the Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (MBRE) has secured a commitment from Kele Contracting, leading construction company operating in Dubai, to allocate five per cent of their procurement to GPP members.
A memorandum of understanding (MoU) to this effect has been signed between GPP and Kele Contracting. The deal marks a major triumph for GPP and its efforts to implement article 12 of Law No.23 of 2009 issued by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice-President and Prime Minister and Ruler of Dubai.
Article (12) of Law No. 23 of 2009 urges all government departments and companies, which are owned by the Dubai Government by more than 50% to assign five per cent of their purchases to goods and services provided by members of the Mohammed Bin Rashid Establishment for Small and Medium Enterprises (SME) Development.
Abdul Basit Al Janahi, CEO, Mohammed Bin Rashid Establishment for SME Development, said the MoU with Kele Contracting will provide a fillip to the efforts of the Government Procurement Programme to build strategic partnerships with the private sector.
“The support and solidarity of the private sector is inevitable to leading SMEs in the UAE to the next level of their growth. Most of these SMEs operate in the private sector and hence are natural partners in progress. We congratulate Kele Contracting for their commitment to the SME sector, which will go a long way in enabling UAE entrepreneurs to play a larger role in strengthening the national economy,” added Al Janahi.
Andrew Elias, CEO, Kele Contracting, said: "This collaboration is aimed at building a bridge of cooperation for the direct benefit to the people of the UAE and reflects our commitment to the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice-President and Prime Minister and Ruler of Dubai, in supporting SME development. It also indicates Kele’s firm belief in promoting all aspects of entrepreneurship across the business spectrum.
“We are proud to be part of the Mohammed Bin Rashid Establishment for SME Development and will aim, through our involvement, to not only support the growth of small and medium enterprises in the UAE, but also to play an active role in advancing the business, economic and trade environment in the country."