ADQ Partners With IFC To Advance Strategic Development Projects In Emerging Markets

ADQ has entered into a Memorandum of Understanding (MoU) with the International Finance Corporation (IFC) to pursue strategic development projects in emerging markets worldwide. The IFC, part of the World Bank Group, is the largest global development institution focused on the private sector in these regions. This agreement sets a framework for collaboration to mobilise capital and expertise for impactful investments.

The partnership aims to leverage both organisations' strengths to drive sustainable economic growth. ADQ and IFC will explore co-investment opportunities in key sectors. They plan to enhance food security, promote agricultural innovation, and strengthen healthcare infrastructure through joint projects.

Additionally, ADQ and IFC will consider investments in critical infrastructure areas such as energy security, transport, logistics, real estate, and urban development. These efforts aim to boost economic resilience, improve quality of life, and increase connectivity and competitiveness in a dynamic global landscape.

IFC brings extensive expertise in mobilising commercial capital for sustainable investments. Meanwhile, ADQ offers proven experience in infrastructure development and supply chain resilience. Together, they aim to create projects that generate lasting value for local economies.

Makhtar Diop, Managing Director of IFC, stated: "This partnership highlights the crucial role of sovereign wealth funds in fostering sustainable growth in emerging markets. It also underscores the UAE’s leadership in driving South-South investments, enhancing economic cooperation, and creating opportunities globally."

Mohamed Hassan Alsuwaidi, Managing Director and Group CEO of ADQ, commented: "Partnering with IFC reflects our shared commitment in creating lasting value and driving sustainable impact across emerging and developing markets. By combining our strengths and expertise with IFC, we aim to extend the broad expertise of our portfolio companies to new markets."

Shared Vision for Transformative Projects

The collaboration between ADQ and IFC is expected to mobilise private capital for transformative long-term development across key sectors in emerging markets. Their shared vision includes driving joint transformative infrastructure projects that enhance communities' lives while generating lasting value.

This partnership signifies a significant step towards achieving sustainable growth by combining IFC's global expertise with ADQ's strategic investments. The focus remains on creating opportunities that benefit both local economies and broader global markets.

With inputs from WAM