Abu Dhabi seeks $54 billion in infrastructure projects over 5 years

Abu Dhabi has announced an ambitious $54 billion infrastructure investment plan spanning the next five years, with a significant focus on social infrastructure. The initiative, led by the Abu Dhabi Projects and Infrastructure Centre (ADPIC), aims to double this investment by 2040, targeting national housing, schools, and community facilities, which constitute approximately 50% of the portfolio. ADPIC’s director, Maysarah Mahmoud Salim Eid, revealed these plans during a recent tour of Istanbul, where officials engaged with Turkish contractors, developers, and construction firms. The visit followed similar trips to Singapore and China, as part of a broader strategy to attract private sector participation. The projects, which include public-private partnerships, will be implemented across Abu Dhabi, Al-Ain city, and the Al-Dhafra region. Financing will be sourced through direct government funding, foreign consultants, and long-term partnerships with real estate developers and investors. Turkish contractors, who have already undertaken $6.1 billion worth of projects in the UAE in 2024, are among the key players being considered. The initiative aligns with the UAE’s economic diversification goals, with a particular emphasis on bridges, tunnels, and other infrastructure linked to broader growth strategies.