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Gridora: $9.6bn Abu Dhabi Infrastructure Projects - News Directory 3

Gridora: $9.6bn Abu Dhabi Infrastructure Projects

May 30, 2025 Catherine Williams Business
News Context
At a glance
  • A new infrastructure platform,⁣ Gridora, is ‍set to spearhead transport infrastructure projects valued ‍at ‍more than $9.6⁣ billion in Abu Dhabi.
  • The agreement signifies a crucial step in Gridora’s mission to champion strategic infrastructure development.
  • ADPIC, mandated to implement projects worth at ⁣least AED35 billion ($9.6 billion), ⁣will work with ⁤Gridora to explore opportunities.
Original source: arabianbusiness.com

Gridora, a new ⁣platform in Abu ⁤Dhabi,⁢ aggressively launches $9.6 billion in transport infrastructure projects, representing a notable boost to⁤ the emirate’s⁣ economic⁢ prospects. Established by ADQ,IHC,and modon Holding,Gridora is set to collaborate with ADPIC to drive key initiatives,improve connectivity,and elevate the quality of ⁢life. This partnership emphasizes strategic ‍development, aiming to propel Abu Dhabi’s ⁤status as a global hub. This initial agreement ⁢signals the start of extensive collaboration between the public and private sectors. News Directory ⁣3 highlights that the launch ‍underscores Abu dhabi’s commitment to modernizing its infrastructure. With a focus on long-term development and dual-focused operational models, the new⁤ platform has all the tools to transform the city. Discover what’s next for Gridora.


Abu Dhabi’s $9.6B Infrastructure Boost: Gridora too Develop Transport Projects











Key Points

  • Gridora, ADQ, ⁤IHC ⁣and Modon Holding’s new ⁢platform, will develop Abu Dhabi transport infrastructure.
  • The initial agreement with⁢ ADPIC focuses on strategic infrastructure projects.
  • ADPIC aims to deliver projects worth at least $9.6 billion.

Abu Dhabi’s Gridora to Develop $9.6B in Transport Infrastructure Projects

Updated May 30, 2025

A new infrastructure platform,⁣ Gridora, is ‍set to spearhead transport infrastructure projects valued ‍at ‍more than $9.6⁣ billion in Abu Dhabi. Established by ADQ, IHC, and Modon Holding, Gridora has signed a Memorandum of ⁤Understanding (MoU) with the Abu Dhabi Projects⁢ and Infrastructure Centre (ADPIC)‍ to deliver these high-impact projects.

The agreement signifies a crucial step in Gridora’s mission to champion strategic infrastructure development. The collaboration between Gridora and ADPIC will establish a framework ⁤for potential cooperation in the development, planning, and implementation of key infrastructure initiatives within Abu Dhabi, focusing⁢ initially on identifying pilot projects.

ADPIC, mandated to implement projects worth at ⁣least AED35 billion ($9.6 billion), ⁣will work with ⁤Gridora to explore opportunities. Jassem Mohamed Bu Ataba Al Zaabi,chairman ‍of ‍Gridora,emphasized the platform’s role in delivering world-class ⁤infrastructure to support the nation’s economic and population growth.

Mohamed Ali Al Shorafa, chairman of the Department of Municipalities and Transport, highlighted the partnership’s focus on enhancing Abu Dhabi’s⁣ growth as a global city through improved transport⁤ infrastructure. Maysarah⁢ Mahmoud Eid, director-general of ADPIC, noted the commitment to⁢ accelerating high-impact projects that enhance connectivity and quality of life across⁤ the emirate.

Bill O’Regan, group CEO of Modon ⁢Holding, said the MoU unlocks Gridora’s capability to deliver critical infrastructure for long-term growth. Gridora operates with a dual-focus ⁣business model, spanning infrastructure projects and investments, enabling ⁣it to lead across the full infrastructure lifecycle.

This agreement with ADPIC marks the first in a series of planned engagements to advance public-priority infrastructure and foster collaboration between the public and private sectors.

“Gridora’s expertise and resources will deliver world-class infrastructure, empowering the nation’s ⁤ambitious ‍economic and population growth goals,” Jassem Mohamed Bu Ataba ‍Al Zaabi, chairman⁣ of Gridora, said.

What’s next

The collaboration⁢ between Gridora and ADPIC is expected to‍ accelerate the implementation of critical transport infrastructure, driving economic growth and⁣ enhancing the quality of⁤ life⁤ for residents in Abu Dhabi.

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