Gridora, the newly launched infrastructure platform
backed by ADQ, IHC, and Modon Holding, has signed its first
MoU with the Abu Dhabi Projects and Infrastructure Centre (ADPIC).
The agreement sets the foundation for joint efforts on key
transport and infrastructure developments across Abu Dhabi. It aligns
with ADPIC’s mandate to implement projects worth at least AED 35 billion
across the emirate.
A dedicated committee will be established to explore
areas of collaboration and identify and evaluate pilot projects and
initiatives for Gridora’s involvement.
Gridora, operating under Modon Holding, adopts a dual-focus
approach on infrastructure Projects (planning and execution) and Infrastructure
Investments (strategic capital
deployment). This enables Gridora to oversee the entire infrastructure value
chain.
The MoU represents a major step toward enhancing
cooperation between public and private sectors. It reinforces Gridora’s
mission to deliver strategic, large-scale infrastructure that meets
national development priorities.
This represents the beginning of a series of strategic
collaborations planned by Gridora, underscoring its ambition to drive
transformative infrastructure development throughout the UAE.
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