Abu Dhabi aims to sign Dh47 billion ($12.8 billion) worth of infrastructure projects with the private sector in the second half of 2025, according to a senior official.
The work includes schools, housing, roads and other infrastructure, Maysarah Salim Eid, director general of Abu Dhabi Projects and Infrastructure Centre, (Adpic) said.
So far this year, Adpic has signed public-private partnership projects worth Dh22 billion. Currently, 619 projects are in development.
“We need to increase the participation of private sector … we are aiming to have more collaboration,” Mr Eid told The National on the sidelines of the inaugural Abu Dhabi Infrastructure Summit in the UAE’s capital.
“The aim is to develop a better community, a better place of living, a well connected area for people who are living in Abu Dhabi, from citizens to residents and tourists.”
Abu Dhabi is seeking more private sector investment as it looks to develop its non-oil sector and diversify its economy.
Last year, the emirate's economy expanded by 3.8 per cent annually in 2024 to reach an all-time high worth of Dh1.2 trillion amid non-oil sector expansion.
The emirate's non-oil sector during the 12-month period grew 6.2 per cent to Dh644.3 billion, marking its highest annual contribution yet to the total gross domestic product at 54.7 per cent, Wam reported in March, quoting data from the Statistics Centre – Abu Dhabi.
Last year, the emirate said it will need private sector investment to develop Dh450 billion worth of infrastructure projects in the next five to 10 years.
Abu Dhabi's initiative to adopt the PPP model is providing opportunities for consultancies and contractors from around the world to invest in infrastructure development in the emirate, Mr Eid said.
“Our second aim is to reduce delivery times and to cut delivery durations by 2026 to three years, which is something challenging, but it's possible,” he said.
On Tuesday, Adpic also signed a partnership agreement with Abu Dhabi’s sovereign wealth fund Mubadala Investment Company to strengthen co-operation between the two entities in infrastructure initiatives.
They aim to co-operate in feasibility studies, knowledge sharing, and assessments to evaluate the viability for proposed projects, as well as sharing insights to develop sustainable financing models, a joint statement said.
The Turkish Contractors Association, representing some of the leading Turkish construction firms, including Limac and Dogus Group, is also looking at collaborative opportunities with the Abu Dhabi government to develop infrastructure in the emirate.
There “is really big potential for Turkish firms to take part in Abu Dhabi development under the PPP model”, said Fuat Kasimcan, secretary general of Turkish Contractors Association.
“Opportunities include building hospitals, roads and other infrastructure projects in Abu Dhabi.”
The UAE and Turkey are boosting investment co-operation after they signed a Comprehensive Economic Partnership Agreement in 2023.
The two countries have signed several investment agreements spanning sectors including technology, finance, manufacturing and infrastructure development following the deal.
“We have a big expertise in PPP projects, not only in Turkey but also abroad. We really want to share our expertise,” Mr Kasimcan said.
The UAE is among the top 10 countries in terms of projects undertaken by Turkish construction companies, he added. They are also active in other Middle East countries, including Saudi Arabia, Qatar and Iraq.
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Director: Jon M Chu
Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater
Rating: 4/5
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Ruwais timeline
1971 Abu Dhabi National Oil Company established
1980 Ruwais Housing Complex built, located 10 kilometres away from industrial plants
1982 120,000 bpd capacity Ruwais refinery complex officially inaugurated by the founder of the UAE Sheikh Zayed
1984 Second phase of Ruwais Housing Complex built. Today the 7,000-unit complex houses some 24,000 people.
1985 The refinery is expanded with the commissioning of a 27,000 b/d hydro cracker complex
2009 Plans announced to build $1.2 billion fertilizer plant in Ruwais, producing urea
2010 Adnoc awards $10bn contracts for expansion of Ruwais refinery, to double capacity from 415,000 bpd
2014 Ruwais 261-outlet shopping mall opens
2014 Production starts at newly expanded Ruwais refinery, providing jet fuel and diesel and allowing the UAE to be self-sufficient for petrol supplies
2014 Etihad Rail begins transportation of sulphur from Shah and Habshan to Ruwais for export
2017 Aldar Academies to operate Adnoc’s schools including in Ruwais from September. Eight schools operate in total within the housing complex.
2018 Adnoc announces plans to invest $3.1 billion on upgrading its Ruwais refinery
2018 NMC Healthcare selected to manage operations of Ruwais Hospital
2018 Adnoc announces new downstream strategy at event in Abu Dhabi on May 13
Source: The National
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Marseille 0
Atletico Madrid 3
Greizmann (21', 49'), Gabi (89')
Brief scoreline:
Manchester United 1
Mata 11'
Chelsea 1
Alonso 43'
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Light Flyweight (48kg): Alua Balkibekova (KAZ) beat Gulasal Sultonalieva (UZB) by points 4-1.
Flyweight (51kg): Nazym Kyzaibay (KAZ) beat Mary Kom (IND) 3-2.
Bantamweight (54kg): Dina Zholaman (KAZ) beat Sitora Shogdarova (UZB) 3-2.
Featherweight (57kg): Sitora Turdibekova (UZB) beat Vladislava Kukhta (KAZ) 5-0.
Lightweight (60kg): Rimma Volossenko (KAZ) beat Huswatun Hasanah (INA) KO round-1.
Light Welterweight (64kg): Milana Safronova (KAZ) beat Lalbuatsaihi (IND) 3-2.
Welterweight (69kg): Valentina Khalzova (KAZ) beat Navbakhor Khamidova (UZB) 5-0
Middleweight (75kg): Pooja Rani (IND) beat Mavluda Movlonova (UZB) 5-0.
Light Heavyweight (81kg): Farida Sholtay (KAZ) beat Ruzmetova Sokhiba (UZB) 5-0.
Heavyweight (81 kg): Lazzat Kungeibayeva (KAZ) beat Anupama (IND) 3-2.
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%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EJames%20Gunn%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Chris%20Pratt%2C%20Zoe%20Saldana%2C%20Dave%20Bautista%2C%20Vin%20Diesel%2C%20Bradley%20Cooper%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
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England 19 (Try: Tuilagi; Cons: Farrell; Pens: Ford (4)
New Zealand 7 (Try: Savea; Con: Mo'unga)
Hamilton profile
Age 32
Country United Kingdom
Grands Prix entered 198
Pole positions 67
Wins 57
Podiums 110
Points 2,423
World Championships 3
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ASIAN%20RUGBY%20CHAMPIONSHIP%202024
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Schedule (All times UAE)
First practice: Friday, 5-6.30am
Second practice: Friday, 9-10.30am
Third practice: Saturday, 7-8am
Qualifying: Saturday, 10-11am
Race: Sunday, 9am-midday
Race venue: Suzuka International Racing Course
Circuit Length: 5.807km
Number of Laps: 53
Watch live: beIN Sports HD
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Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
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Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
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Starring: Amir El-Masry, Pierce Brosnan
Director: Athale
Rating: 4/5