Abu Dhabi's sovereign investment platform L'IMAD and ADNOC are partnering with BlackRock's Global Infrastructure Partners (GIP) and Temasek to launch a $30 billion infrastructure investment partnership. The consortium will pursue diversified investment opportunities in the Gulf and Central Asia across energy, transportation, logistics, digital infrastructure, water and waste management.

Why This Matters

The UAE and US are co-investing in large-scale, long-term infrastructure development projects around the world. Abu Dhabi is already deploying capital alongside US firm BlackRock, including in NextDecade's Rio Grande LNG Project and a $1 billion joint investment platform with Lunate. These partnerships create pathways for American infrastructure companies, engineering firms and technology providers to deploy US expertise globally at scale, backed by UAE sovereign capital.

“We are pleased to establish this partnership with L’IMAD, ADNOC and Temasek to deepen our longstanding commitment to investing across the GCC and Central Asia region. Today, more than ever, investing in and creating best-in-class infrastructure is a critical driver of economic growth and resilience. We look forward to furthering our joint ambition to enhance innovation and economic growth.” — Bayo Ogunlesi, Chairman and CEO of Global Infrastructure Partners (GIP), a part of BlackRock.