The General Authority for Regulating the Telecommunications sector (TRA) adopted an effective cost management program aimed at reducing total cost through improved planning and utilization mechanisms. This strategy proved successful as TRA managed to save over 100 million Dirhams during 2015.
In this respect, H.E. Hamad Obaid Al Mansoori, UAE TRA Director General, stated “We launched a series of initiatives and projects that contributed to reaching our cost reduction goals. These projects included “FEDnet”, which contributed to reducing the cost of the federal government’s infrastructure by over 60 million Dirhams. Moreover, the TRA’s Center of Digital Innovation (CoDI) managed to save over 23 million Dirhams during 2015. CoDI adopted a very effective cost reduction approach while executing many projects and initiatives. It managed to save 4.5 million Dirhams from the total cost of its training program that was designed for employees of governmental entities and university students and saved 17 million dirhams from the total cost of its laboratory. It saved a further 2 million Dirhams from the total cost of mGovernment books.”
FEDnet saved 60 million dirhams through reducing the cost of the total contracts by 23 million and creating a joint protection system against service interruptions for all governmental entities which saved 18 million Dirhams. The balance was saved through purchasing cost effective internet links that provide interconnection through the network operating centers in Abu Dhabi and Dubai.
“Our cost management strategy is based on achieving the optimum utilization of our human and financial resources. This includes investing in our human capital and developing their skills to enable them to accomplish various tasks internally. Moreover, we underwent many procedures that contributed towards saving the implementation cost of many vital projects including CoDI, FEDnet, training programs and other projects. These procedures included financial operations’ optimization, project prioritization, and adopting micro-benchmarking of the bids.” H.E. Mansoori added.