UAE organises BRICS meet on public-private partnerships

The UAE, represented by the Ministry of Finance, has hosted the first-ever BRICS event in the country, the BRICS Finance Track Working Group Taskforce on public-private partnership and Infrastructure (TFPPPI).

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The meeting, held from 5th to 6th May in Abu Dhabi, brought together senior government officials, international experts, representatives of global financial institutions, and private sector leaders.

As part of the meeting, the Ministry of Finance organised a high-level seminar titled "A New Era of Growth: Reimagining Infrastructure Financing in BRICS Countries", exploring ways to develop innovative mechanisms for financing infrastructure projects and expand public-private partnerships.

In addition, the visiting delegation toured Masdar City, where participants were briefed on leading public-private partnership projects in the UAE across various sectors, including energy, sustainability, and transport, showcasing the country’s commitment to implementing effective and innovative solutions in infrastructure development and financing.

The event was attended by Younis Haji AlKhoori, Undersecretary of the Ministry of Finance; Antonio Freitas, Undersecretary for International Affairs, Brazil Ministry of Finance; Ambassador Tatiana Rosito, Secretary for International Affairs at the Brazilian Ministry of Finance; and Sidney Leon Romero, Brazilian Ambassador to the UAE.