The Investment Department at the Municipality and Planning Department – Ajman (MPDA) has welcomed a delegation from the Transport Authority, as part of a shared commitment to exchanging expertise and knowledge. The visit aimed to review the existing policies and operational mechanisms governing investment contracts in the Emirate, particularly in relation to the leasing of spaces and advertising boards, as well as the procedures in place to ensure contractual compliance and effective follow-up with tenants.
Mr. Obaid Salem Al-Alili, Acting Director of the Investment Department, welcomed the visiting delegation and affirmed the MPDA’s commitment to strengthening joint cooperation and fostering mutual coordination with various entities and departments, with the aim of enhancing collaborative efforts and advancing institutional development.
The meeting included a comprehensive presentation covering several key topics, including the policies governing the leasing of spaces and advertising boards, the mechanisms in place to safeguard the MPDA’s investment assets, and the range of incentives and facilities offered to investors to support and enrich the investment environment in the Emirate.
Discussions also covered regulatory requirements and their implementation mechanisms, with a focus on showcasing the Emirate’s leading regulatory practices and experiences. Attention was given to the main challenges faced and the strategies adopted to address them, through a review of internal procedures and the approved systems in place within the Investment Department.
At the conclusion of the meeting, both parties emphasized the importance of reinforcing future cooperation and holding regular meetings to exchange best practices that yield positive outcomes for all stakeholders.
