Abu dhabi: The Ministry of Finance (MoF) has officially launched the "Federal Government Real Estate Assets Platform," a centralised digital platform aimed at documenting and updating data on federal real estate assets to meet high standards of transparency and efficiency.
According to Emirates News Agency, the launch event was attended by Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, and Mariam Mohamed Al Amiri, Assistant Undersecretary for the Government Financial Management Sector at the Ministry. The event also saw participation from representatives of federal entities, government officials, and experts in asset management and digital technologies.
The event included a panel discussion on the role of AI in government asset management and an interactive presentation showcasing the platform's features and technical capabilities. The platform complies with Article 18 of Federal Decree-Law No. (35) of 2023 concerning Union-Owned Properties, mandating the Ministry of Finance to create an electronic registry for federal real estate assets.
AlKhoori emphasized that the platform's launch is part of the ministry's commitment to full digital transformation in government resource and asset management. The platform aligns with the leadership's vision to enhance operational efficiency and rationalize expenditure through process automation and streamlined procedures. It represents a paradigm shift in organizing, governing, and managing federal real estate assets, reinforcing governance and transparency by providing accurate and reliable data for policymaking and strategic decisions.
Mariam Mohamed Al Amiri stated that the platform addresses the need to unify federal real estate asset data, enhance its quality, and link it to financial and operational procedures. This ensures accuracy, faster access to information, and improved efficiency in planning and expenditure across federal entities. Within the Government Financial Management Sector, the platform is designed to be practical and easy to use, allowing federal entities to register and update their real estate asset data under unified classifications, manage leasable spaces, and process requests through automated procedures to reduce time and effort while strengthening transparency and governance.
The platform provides federal entities with a strategic tool to efficiently register, monitor, and manage their real estate assets through a structured approach. It features an intuitive workflow that simplifies classification and review processes and offers a comprehensive suite of digital services to enhance the efficiency of federal real estate operations.
The launch marks a significant step in building an integrated federal asset management system, reinforcing the UAE's global leadership in public financial management and supporting its vision for a more sustainable and innovative government sector.