Abu Dhabi makes pitch to private sector in multi-billion dollar investment drive

  • Date: 19-Feb-2020
  • Source: CNBC
  • Sector:Economy
  • Country:UAE
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Abu Dhabi makes pitch to private sector in multi-billion dollar investment drive

Abu Dhabi, the capital of the United Arab Emirates, said it will seek to procure approximately 10 billion dirhams worth of infrastructure projects across a range of sectors under its public-private partnership model.. The model also aims to provide the private sector with more certainty and transparency around the development and procurement of major infrastructure projects.. The Abu Dhabi Government is turning to the private sector for the next phase of its multi-year, 50 billion dirham ($13.6 billion) economic stimulus plan known as Ghadan 21..