Abu Dhabi’s ADQ and Australia’s Plenary Group have established Plenary Middle East, a co-development and investment platform targeting public and social infrastructure projects in the Middle East and Central Asia. The initiative will utilise public-private partnership (PPP) models to promote sustainable development in the education, transportation and healthcare sectors.
This collaboration follows ADQ’s acquisition of a 49% stake in Plenary Group in April 2024, marking a significant investment from the UAE into an Australian company since the Australia-UAE Comprehensive Economic Partnership Agreement.
Plenary Middle East aims to address the global infrastructure financing gap, which the Global Infrastructure Outlook estimates will require an additional $15 trillion by 2040. By leveraging PPP models, the platform seeks to attract private sector investment to bridge this gap and deliver projects with lasting socioeconomic benefits.
The new platform will be integrated into ADQ’s Infrastructure and Critical Minerals cluster, supporting the company’s mission to generate long-term value and financial returns for Abu Dhabi.
Plenary Group has previously led the development of the UAE’s first schools under a PPP framework, delivering three schools in collaboration with the Abu Dhabi Department of Education and Knowledge, providing education infrastructure for over 5,000 students.
