Less than two months after the announcement of the update of the Infrastructure Fund with an investment of 551 billion dollars, within the framework of the initiative "صَفْقَةُ الْقَرْن" it was announced that the Municipality of Abu Dhabi and KiZAD signed agreements on partnership. This time, the parties took upon themselves obligations for infrastructure development of the economic zone.
The authorities of the Municipality and representatives of the KiZAD group agreed on cooperation in the construction of roads, water drainage networks, and canals, as well as in the creation of public utilities objects and access for residents and visitors, the pearl business and industry of Abu Dhabi.
In addition, it was announced about the creation of a specialized working group that will interact with various organizations to ensure effective implementation of infrastructure projects and achieve set goals.
Emphasizing the importance of infrastructure for attracting investments and facilitating business activities, the parties expressed confidence in the successful realization of this partnership.
As noted, this partnership reflects the strategic vision and obligations of the parties regarding the continued development of infrastructure projects in the region.
