The pandemic has affected various sectors of the Emirate economy and, at the same time, has triggered or, better said, accelerated a series of significant reforms that can only facilitate the economic and commercial recovery over time.
In the United Arab Emirates (UAE), project finance has been used mainly in the energy and natural resources sectors such as water, as well as in the real estate sector. Outside the aforementioned sectors, there is project funding in the heavy industry sectors, including steel and petrochemicals.
It is expected (and the project described below is proof of this) that in the future the PPP / project finance model could be extended to other sectors, including health and education. For example, Dubai recently passed a PPP law indicating its openness to such facilities. The federal government is currently considering a PPP law / framework.

Read more: Project Finance model in UAE


Le Fonti Legal Corner – Rassegna stampa maggio 2021