Abu Dhabi has showcased more than 600 projects worth over $55 billion, covering housing, transport, education and agricultural assets, to Turkish investors at Ankara.
The roadshow by the Abu Dhabi Infrastructure Summit (ADIS) aims to highlight opportunities for cooperation and to build long-term partnerships with Turkish companies, particularly in modular construction, transport, and complex engineering developments.
Mohammed Yousef Al Hosani, Executive Director at the Abu Dhabi Projects and Infrastructure Centre, highlighted the essential role of public-private partnerships (PPPs) and revealed that the capital city plans to use modular construction for 40,000 housing units over five years, creating opportunities for Turkish expertise.
Organised by the Abu Dhabi Projects and Infrastructure Centre (ADPIC), the summit includes the partnership of the Department of Municipalities and Transport, the Abu Dhabi Investment Office, and the Abu Dhabi Housing Authority, alongside leading Turkish engineering and contracting firms.
Meraas, a member of Dubai Holding Real Estate, has awarded AED 2.4 billion in main construction contracts for new phases of its flagship villa developments, The Acres and The Acres Estates, in Dubailand.
Bangladesh is set to sign a deal on Thursday to buy 14 aircraft from US planemaker Boeing, officials said, a move that marks a shift away from Europe's Airbus amid trade pressure from Washington.
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