Prohibiting unfair benefits for security firms and cities
The Ministry of Municipalities and Housing is working on updating the regulations for establishing associations and municipal companies through a project that emphasizes the organized creation and management of these entities. The goal is to enhance governance and operational efficiency while maintaining fair competition with the private sector. The project focuses on regulating real estate investments, preventing the imposition of additional fees without a legal basis, and requiring companies to adhere to transparency and governmental oversight, along with programs to regularize the status of existing companies. It also aims to empower municipalities to use their companies as developmental and investment arms, with strict controls to prevent unfair competitive advantages. Additionally, the project sets objectives related to land development, improving the urban landscape, waste management, and encouraging private sector participation.
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