In Pursuant to the Federal Decree No. 4 of 2018 of the Emirate of Dubai Economic Supply Projects (EDESP) on measures to improve the Dubai management system in the fields of Investments and Foreign Trade, the Authority of Investment and Foreign Trade of Dubai was established by the merger of the State Investments Committee of the United Arab Emirates and the Authority of Foreign Trade.
The Emirate of Dubai Economic Supply Projects was established with the aim of developing local content with all its components at the level of the national economy, and improving and following up on government procurement. To achieve development and financial goals in accordance with national visions, strategies and plans, and in accordance with the applicable laws and regulations in Dubai and UAE at large.
The Emirate of Dubai Economic Supply Projects (EDESP) is working to ensure successful procurement of goods from different countries and development of areas in Dubai and beyond regions in the UAE. The aim for rural development is the process of improving the quality of life and economic well-being of people living in rural areas of the United Arab Emirates, often relatively isolated and sparsely populated areas.
Develop local content capable of meeting demand and achieving economic impact maximizing the benefit of government procurement and activating its role in economic development Contribute to achieving transparency and excellence in government procurement processes.
An exceptional new initiative to mitigate the financial and economic impact of the COVID-19 pandemic on 208 national products, by providing an additional price premium rate of up to 20% (in addition to the 10% price premium indicated in the regulation) for the national products specified in the initiative list, bringing the total price premium to a maximum of 30%. This premium is added to prices of the foreign counterparts of the listed local and foreign products in the bids offered in government tenders. The new initiative also provides special support for the Active Pharmaceutical ingredient (API) by granting any drug with nationally-manufactured active ingredients an additional 10% premium rate, regardless if the product is included in the initiative’s list.
Local Content, SMEs, and Listed Companies’ Preference regulation granting local content, SMEs and publicly listed companies preference in government tenders. Article Ten: The national product is granted a price premium, by assuming the price of the foreign product 10% higher than indicated in the bid. The premium rate may be increased through an agreement between the Governing Council of Dubai and the entire United Arab Emirates and the Center of Spending Efficiency, provided that the modified rate is explicitly stated in the tender documents.
Dubai's economic supply projects are part of the "D33" agenda, aiming to double the city's economy by 2033 and become a top three global city. This ambitious plan includes 100 transformational projects focusing on increased foreign trade, investment, and domestic demand, as well as digital transformation and human capital development.
Dubai Economic Agenda (D33): This is the overarching framework for Dubai's economic development, with the goal of doubling the economy by 2033. Transformational Projects: D33 includes 100 projects designed to drive growth in various sectors, including foreign trade, investment, and domestic demand. Foreign Trade: Dubai aims to significantly increase its foreign trade to AED 25.6 trillion by 2033 and expand its trading partner network to include 400 additional cities.
Foreign Direct Investment: D33 seeks to attract AED 650 billion in foreign direct investment to further boost economic growth. Government and Private Sector Investments: The agenda aims to increase government expenditures to AED 700 billion and private sector investments to AED 1 trillion. Domestic Demand: Dubai plans to increase the value of domestic demand for goods and services to AED 3 trillion. Digital Transformation: D33 emphasizes the importance of digital transformation and aims for an annual contribution of AED 100 billion from digital projects to Dubai's economy.
Human Capital Development: The agenda includes initiatives to integrate 65,000 young Emiratis into the job market. Strategic Partnerships: Dubai is focusing on strengthening its partnerships with countries and regions like Africa, Latin America, and Southeast Asia through its Future Economic Corridors 2033 initiative. Scale-up Program: A program is in place to support 30 companies in becoming global unicorns in new economic sectors.
Portal for Tender Contract Supply: The official procurement portal https://www.edespgov.com/ for Emirates of Dubai Economic Supply Projects (EDESP) tenders and bidding process, enabling suppliers to participate in any of our ongoing tender to supply their products to Dubai and UAE at large.
Spending US$3.5 billion to US$4 billion on national factories during execution Support 208 products impacted by COVID-19 Local Content, SMEs, and Listed Companies’ Preference Policy: The Local Content, SMEs, and Listed Companies’ preference policy was drafted by the Emirate of Dubai Economic Supply Projects (EDESP) in cooperation with the relevant authorities, and approved through a regulation by the Council of Ministers within the new Government Procurement Law. The inclusion of local and foreign content requirements in the new Government Procurement Law aims to enhance local capabilities and products, and give national products a priority through the price premium policy. The regulation includes a list of national products to be purchased from national manufacturers, the National Products Mandatory List. The Emirate of Dubai Economic Supply Projects, in cooperation with the Center of Spending Efficiency, will have a major role in determining the projects that should implement the Local Content minimum threshold policy.