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Abu Dhabi boosts infrastructure development

Source:Ringier Release Date:2011-02-10 128
The government of Abu Dhabi disclosed significant infrastructure developments throughout Abu Dhabi Municipality has said 26 new infrastructure projects will be developed in 2010 in Abu Dhabi City and its suburbs. Last year, Abu Dhabi Municipality has finished 570 contracts, task orders and purchase orders in the city worth a total of Dh9 billion (US$2.45 billion), according to Salma Al Junaibi, Director of Contracts and Tenders Department at the Abu Dhabi Municipality. The total contracts and tenders completed last year were 208 at a total value of Dh2.5 billion (US$680 million).

With these in mind, Abu Dhabi will become the gathering point for industry professionals and experts involved in PPP projects to address issues and looking at strategic coalition between government and private sectors. The 2nd Annual Middle East Public Private Partnership Conference 2011 on February 6-7 at Sheraton Abu Dhabi Hotel & Resort, UAE will provide a clear outlook not only from the governments' perspective, support, policies and initiatives to expand the PPP market in the region but also from the financial and communities.Puma Rihanna
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