ADQ, International Finance Corporation to advance development projects
ADQ and IFC will explore co-investment opportunities, leveraging IFC’s capital mobilisation expertise and ADQ’s infrastructure and supply chain capabilities
Abu Dhabi Developmental Holding Company (ADQ) has inked a memorandum of understanding (MoU) with the International Finance Corporation (IFC), aiming to identify and pursue strategic, high-impact development projects across emerging markets globally.
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets.
The MoU formalises a framework for collaboration that will leverage capital and expertise from both parties to fund impactful investments. The agreement will see ADQ and IFC explore co-investment opportunities in key sectors to drive sustainable economic growth.
ADQ to leverage infrastructure development experience
ADQ brings its proven track record in infrastructure development and supply chain resilience, while IFC offers its deep expertise in mobilizing commercial capital for sustainable investments. Together, the two organizations aim to identify and develop projects that bolster food security, promote agricultural innovation, and enhance healthcare infrastructure in emerging markets.
The partnership will also explore investments in critical infrastructure such as energy security, sustainability, transport and logistics, and real estate and urban development, to improve economic resilience, quality of life, and connectivity in developing regions. These investments are expected to foster greater competitiveness in a rapidly evolving global landscape.
Mohamed Hassan Alsuwaidi, MD and Group CEO of ADQ, expressed the significance of the collaboration, stating: “Partnering with IFC reflects our shared commitment to 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. Our vision is to drive joint transformative infrastructure projects that have the ability to enhance the lives of communities while generating lasting value for local economies.”
Makhtar Diop, MD of IFC, highlighted the importance of sovereign wealth funds in driving sustainable growth. “This partnership underscores the crucial role of sovereign wealth funds in fostering sustainable growth in emerging markets. It also reflects the UAE’s leadership in driving South-South investments, enhancing economic cooperation, and creating opportunities globally.
“By combining IFC’s global expertise with ADQ’s strategic investments, we aim to mobilise private capital and accelerate transformative, long-term development across key sectors in emerging markets.”
ADQ: Strong regional presence
ADQ, established in 2018, manages a diverse portfolio spanning over 25 companies with operations across more than 130 countries. Its investments focus on vital sectors including energy and utilities, transport and logistics, food and agriculture, and healthcare and life sciences.
ADQ has a strong track record in building strategic alliances with governments worldwide, particularly in countries such as Egypt, Türkiye, Greece, Oman, and Jordan.
Meanwhile, IFC continues to support millions of people in emerging markets, providing access to electricity, improved sanitation, and greater food and nutrition security. Through strategic partnerships and innovative solutions, IFC’s initiatives continue to drive lasting economic and social impact worldwide.
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