By Haseeb Haider/Abu dhabi www.khaleejtimes.com
Abu Dhabi is encouraging the public private partnership (PPP) concept by offering 100 development projects valuing Dh15 billion to private investors in the next four years, a top official said.
Khalifa Mohammed Al Mazroui Undersecretary of Department of Municipal Affairs at Abu Dhabi Business Forum, where over 400 investors and government officials were present, said that over 100 business opportunities have been created which were being offered to the private sector. These projects will be built in the next four years, where the three municipalities of Abu Dhabi, Al Ain and the Western Region, will provide land and infrastructure and private firms will be investing capital.
These opportunities span a wide spectrum chiefly the town centres or commercial centres, which will have shopping outlets, restaurants, cinemas and other facilities, in towns like Al Mirfa, Al Mafraq, Madina Zayed, Delma and Bani Yas, where these facilities need an upgrade.
In cities like Al Ain boutique hotels, amusement parks and other such facilities would be offered.
In the capital city, car parking plazas, mixed-used real estate developments and other projects are being offered. More info