The Abu Dhabi Fund for Development (ADFD) has announced it has invested Dh23 billion in 33 development projects since 1974.
These investments cover key sectors, including housing, energy, transportation, and health, aligning with Bahrain’s fiscal balance programme for 2023 and 2024. The financial backing has supported crucial infrastructure projects, bolstering Bahrain’s economic growth and improving citizens’ quality of life.
Key projects financed by ADFD include the Salman City Housing Project, which addresses housing market needs, and the East Sitra Development Project, expanding Bahrain’s land for new residential and commercial zones. Additionally, the Sheikh Zayed Road Expansion has enhanced connectivity and reduced traffic congestion, stimulating economic activity.
Celebrating Bahrain’s National Day, ADFD Director General Mohammed Saif Al Suwaidi emphasized the partnership’s impact on transformative development, highlighting the ADFD’s role in funding projects that have reshaped Bahrain’s landscape.
