Abu Dhabi to invest $20 billion to boost private sector partnerships

Abu Dhabi has announced plans to boost private sector partnerships with investments exceeding $20 billion over the next five years.

The announcement, made during the Abu Dhabi Infrastructure Summit (ADIS) in Istanbul, invited Turkish companies to contribute their industrial expertise, particularly in housing and sustainable infrastructure.

Mohammed Hussain Al Suwaidi, Executive Director, Abu Dhabi Projects and Infrastructure Centre, stated that enhanced cooperation with Turkey will support Abu Dhabi’s development plan.

He added that Turkey's strong building-materials industry positions its companies as key partners, especially as 50 per cent of Abu Dhabi’s planned projects over the next three to five years focus on housing, including the delivery of more than 40,000 units.