Commercial close reached for Schools PPP project in Zayed City
The Abu Dhabi Investment Office (ADIO) and the Abu Dhabi Department of Education and Knowledge (ADEK) have awarded the contract for the Zayed City Schools PPP project in Abu Dhabi to a consortium led by BESIX and Plenary Group.
The Zayed City Schools project is now in commercial close and includes the design, build, finance, maintenance and transfer of three new school campuses with a capacity of 5,360 students. The campuses have been designed to meet Estidama sustainability requirements, as well as Covid-19 safety protocols.
The transaction is expected to reach a financial close in July 2022. The first term start date for all three campuses is scheduled for September 2024.
Country updates
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May 23, 2022
RFEOI launched for Hamriyah Independent Water Plant PPP project
Sharjah Electricity, Water and Gas Authority (SEWA), has launched a Request for Expression of Interest (RFEOI) seeking a private partner for the development of an Independent water plant (IWP) in Hamr...
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May 06, 2022
Construction works completed for 30 MW waste-to-energy plant in Sharjah
Bee’ah and Masdar consortium, the project owners of the Sharjah waste-to-energy (WTE) plant concession, has announced the completion of construction works for the project in the United Arab Emir...
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April 18, 2022
Egis acquires Waagner Biro Bridge Services group of companies
Egis, the major international group in the consulting, engineering and operations services has announced its acquisition of Waagner Biro Bridge Services group of companies. The acquisition inclu...
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April 04, 2022
Contract awarded for Hamriyah seawater reverse osmosis (SWRO) plant PPP Project
The Sharjah Electricity, Water and Gas Authority (SEWA) has awarded to Metito the Hamriyah seawater reverse osmosis (SWRO) plant restoration project in the United Arab Emirates. The selected partner...
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March 21, 2022
ADNOC extends deadline for Project Wave in Abu Dhabi
Abu Dhabi National Oil Company (ADNOC) has extended the bid submission date for the first phase of Project Wave in Abu Dhabi, UAE. The US$5 billion Project Wave is a public-private partner...
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