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April 12, 2006

New USD $136M Infrastructure Development Fund in Abu Dhabi

ADCB finalising Dh500 million fund for second phase of ICAD BY HASEEB HAIDER

12 April 2006

ABU DHABI (Khaleej Times) - Abu Dhabi Commercial Bank (ADCB) is finalising a Dh500 million infrastructure development fund, under the public private partnership (PPP) concept, in association with the Government of Abu Dhabi, to finance infrastructure development of the second phase of Industrial City of Abu Dhabi (ICAD).

"The ADCB is acting as a financial adviser to the Abu Dhabi government on developing the ICAD-II project. The details of the fund are still being finalised but this fund...

Full Story...

Posted by rjorr at April 12, 2006 9:29 AM