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Showing posts with label Department of Finance Ajman. Show all posts
Showing posts with label Department of Finance Ajman. Show all posts

Thursday, July 24, 2025

Empowering Ajman's Future: The Public Private Partnership Service


Introduction  

Ajman is embracing a bold vision for sustainable economic and social development by fostering close collaborations between the public and private sectors. Through its innovative Public Private Partnership (PPP) service, managed by the Department of Finance (DOF), Ajman is unlocking new avenues for growth, delivering world-class infrastructure, and enhancing the quality of government services.

Why Public Private Partnerships Matter  

Driving Sustainable Growth  

PPP isn't just a policy—it's a strategic driver for Ajman's ambitions. By engaging the expertise, innovation, and capital of private enterprises, PPPs help accelerate project delivery, diversify funding sources, and reduce government financial risk. This collaborative model delivers results that would be difficult for the public sector to achieve alone, leading to:

  • Expanded financial resources.

  • Reduced project implementation times.

  • Lower and optimized service costs.

  • Higher service quality and competitiveness.

Broader Objectives  

  • Risk Reduction: By sharing investment and operational risks with private partners, the government can focus resources on other priorities.

  • Efficiency: PPPs bring private sector experience in project management, often delivering infrastructure or services faster and more efficiently.

  • Shift in Role: Public agencies transition from direct service managers to policy makers and quality controllers, empowering innovation without sacrificing oversight.

The Legal and Regulatory Framework  

Ajman is committed to clarity, transparency, and best practices in its partnership framework. The cornerstone is Law No. 2 of 2022, which came into force on January 1, 2023. This law is designed to:

  • Encourage private investment in developmental projects.

  • Enable government authorities or private entities to propose PPP projects.

  • Diversify and develop strategic infrastructure.

  • Improve service quality across all government domains.

  • Ensure fair, transparent procedures in partner selection and contract management.

Key Provisions  

  • Feasibility Requirements: Any partnership contract must demonstrate economic, financial, technical, and social feasibility.

  • Budget Allocations: If government payments are involved, these must be planned within the authority’s budgets.

  • Approval Criteria:

    • Contracts ≤AED20 million: Approved by the government agency's Director-General.

    • AED20–50 million: Approved by the Director-General of the Department of Finance.

    • AED50 million: Requires approval from the Ajman Ruler’s Representative for Administrative and Financial Affairs.

  • Duration: Contracts are limited to a maximum of 30 years, with possible extensions for public interest and appropriate approvals.

Role of Ajman Department of Finance  

The DOF is the facilitator and guardian of PPP excellence in Ajman. Its core responsibilities include:

  • Proposing and updating legislation aligned with international best practices.

  • Drafting executive regulations and detailed procedures for PPP contracts.

  • Evaluating project feasibility studies and providing recommendations.

  • Creating an enabling environment for PPP investments in collaboration with relevant authorities.

The PPP Unit  

To ensure standardized, high-quality delivery, the DOF established a dedicated PPP Unit responsible for:

  • Setting objectives and strategy for government entities.

  • Developing guidelines, toolkits, and supporting documentation.

  • Reviewing and approving business cases for partnerships.

  • Supporting authorities through all project phases—identification, preparation, procurement, negotiation, execution, and performance monitoring.

 

How PPPs Benefit Ajman and Its Partners  

For the Emirate:  

  • Infrastructure improvements and innovation.

  • Enhanced public services and quality of life.

  • Financial sustainability and reduced public expenditure.

  • Increased competitiveness on a regional and global scale.

For Private Sector Partners:  

  • Access to large-scale, long-term projects.

  • Strong, transparent legal protection.

  • Partnership with a forward-thinking, development-driven government.

  • Opportunity to showcase their expertise and drive regional impact.

Getting Involved: The Partnership Process  

  1. Project Proposal: Can be initiated by either a government authority or the private sector.

  2. Feasibility Review: Comprehensive evaluation of economic, financial, technical, and social factors.

  3. Approval and Contracting: Based on project value and set legal guidelines.

  4. Implementation and Oversight: Project delivery monitored by both parties, with the DOF ensuring compliance and best outcomes.

Ajman’s Vision for the Future  

With PPPs, Ajman is setting a regional benchmark for how governments and businesses can work together for the greater good. Their approach not only accelerates infrastructure and service delivery but also reinforces Ajman's role as a dynamic, sustainable, and business-friendly emirate.

Suggested Images for the Blog Post  

  • Ajman Department of Finance Headquarters: Symbolizes trust and official government oversight.

  • Signing Ceremony or Partnership Agreement: Illustrates collaboration between government and private sector representatives.

  • Infographic: Simple flowchart or diagram depicting the PPP process from proposal to execution.

  • Ajman Infrastructure Highlights: Photos of modern infrastructure projects delivered under PPPs.

  • Collaboration in Action: Images showing joint project teams or consultation meetings.

  • PPPs in Numbers: Data visualization showcasing impact metrics—projects completed, sectors covered, investment volumes, etc.

  • Ajman Cityscape or Landmarks: Visual connection to the emirate’s growth and its ambitions.

 

Conclusion  

The Public Private Partnership service by the Ajman Department of Finance is transforming the emirate’s development landscape. With a robust legal framework, transparent procedures, and a commitment to excellence, Ajman is inviting private sector partners to join in building a resilient and prosperous future for all.

For full details on becoming a PPP partner in Ajman, visit the Department of Finance’s Public Private Partnerships page.

  

Wednesday, July 23, 2025

Forget Queues and Hassle: Why AjmanPay is the Only Government App You'll Ever Need

 Juggling multiple websites for bills? Dreading that trip to a service center just to pay a 
fine? In our fast-paced world, managing government transactions can feel like a chore 
that steals your valuable time. 
Imagine a world where all those tasks are handled in minutes, from anywhere, right on 
your phone. That world is here. The Ajman Department of Finance has launched 
AjmanPay, a powerful mobile application designed to give you back your time and put 
you in complete control of your government payments. 
 
One App to Rule Them All: Your Entire Government Wallet, Unified 
No more jumping between different government 
websites. No more trying to remember multiple 
passwords. AjmanPay brings all your essential 
transactions into one clean, simple, and incredibly 
convenient app. 
Picture this: in just a few taps, you can: 
Settle utility bills instantly. 
Clear traffic fines without the wait. 
Pay for dozens of other government 
services. 
This isn't just a payment app; it's your central 
command center for all Ajman government 
services. 
 
 
 
 
 
  
More Than Just Payments: A Powerful Digital Wallet in Your Pocket 
AjmanPay, developed in partnership with First Abu 
Dhabi Bank (FAB), transforms your phone into a 
feature-rich digital wallet. It’s designed for your real-life 
needs. 
Effortless Fund Management: Easily top up your 
wallet with any debit/credit card or link your FAB 
bank account for seamless transfers. 
Ultimate Flexibility: Create multiple wallets to 
separate your personal and business expenses. 
Instant Transfers: Send money to family or 
colleagues who use AjmanPay, or easily 
withdraw funds directly to your UAE bank 
account. 
 
 
 
 
 
Fort-Knox Security, Zero Paperwork 
Your peace of mind is our top priority. AjmanPay is 
integrated with UAE PASS, your trusted national 
digital identity. This means every login and 
transaction is authenticated at the highest level of 
security, protecting your data and your finances. 
Best of all? This top-tier security comes with zero 
complexity. Registration is intuitive, digital, and 
completely free of paperwork. 
 
An App That Thinks Ahead 
AjmanPay is packed with smart features designed to make 
your life easier. 
Never Get Lost: The built-in geo-location instantly finds 
the nearest government service centers and guides you 
there with smart routing. 
Never Miss a Payment: Smart push notifications act as 
your personal assistant, reminding you of due dates and 
confirming your transactions in real-time. 
 
 
 
 
 
 
Built on Trust, Backed by Experts 
When it comes to your finances, trust is 
non-negotiable. AjmanPay operates under 
the stringent regulations of the Central 
Bank of the UAE through its partnership 
with FAB. For you, this means: 
Complete Regulatory Protection: 
Your money is protected by the 
most robust financial systems in 
the UAE. 
Robust Fraud Protection: Advanced 
systems work around the clock to 
keep your account safe. 
Support When You Need It: A dedicated customer service team is always ready 
to assist you. 
 
Free to Download, Simple to Start 
Getting started is as simple as it gets. The AjmanPay app is completely free on the 
Apple App Store and Google Play Store. There are no hidden setup fees or 
subscriptions. Just download, authenticate with UAE PASS, and you're ready to go. 
            
  
 
 Step into a Smarter Ajman 
Don't just manage your government payments—master them. AjmanPay is more than an 
app; it’s a promise of a simpler, faster, and more secure way to interact with your 
government. Reclaim your time and eliminate unnecessary stress. 
Download AjmanPay today and feel the difference. 
For more information: 
Visit: www.ajmanpay.gov.ae/en 
Contact: info@ajmandof.ae or call 80070.