ABU DHABI, May 24, 2020 (WAM) – The Abu Dhabi Investment Office, in cooperation with the Abu Dhabi Department of Education and Knowledge, announced the award of a public-private partnership project for the construction of three schools in Madinat Zayed for a consortium of companies led by Besix and Bellinary Group Contracting and commercial closure phase.
The Madinat Zayed Public-Private Partnership Project aims to design, build, finance, maintain and transfer three new schools with a capacity of 5,360 students to Madinat Zayed in Abu Dhabi.
This project is designed from the ground up to award and contracting in accordance with the new Public-Private Partnership Act, to contribute to increasing private sector participation in public infrastructure projects in Abu Dhabi.
The Australian group, Bellinary, specializing in the development of public-private partnership projects, has a proven track record of delivering infrastructure projects worldwide.
Bellinary is one of the new groups entering the business sector in the Emirates of Abu Dhabi.
In collaboration with the Belgian group Besix, which has been active in the country since 1965, and which has overseen many prestigious infrastructure projects such as the Guggenheim Museum Abu Dhabi, the alliance will provide an innovative and world-class delivery solution for construction of schools of the Department of Education and Knowledge in Abu Dhabi in Medina Zayed.
Educational services in each of these schools will be provided separately by the “Education Partnership Schools” which will be selected under the PPP program of the Department of Education and Knowledge in Abu Dhabi.
This unique school construction project is the first of its kind integrated with the Public-Private Partnership Program for Education in the Middle East and North Africa, which will increase the efficiency of operations by taking advantage of the advanced capabilities of most providers. good infrastructure. and world-class educational services within a single framework For public-private partnerships.
These schools, when delivered, will provide students with access to high quality educational facilities and modern facilities, increasing the attractiveness of Madinat Zayed and the Emirate of Abu Dhabi in general.
On this occasion, Mohammed Al Dhaheri, Acting Executive Director of the Commercial Enterprise Sector at the Abu Dhabi Investment Office, said: “The Abu Dhabi Investment Office is proud of its success in delivering this project within a record period of 17 months from the announcement of the feasibility study, to the commercial award and closure phase, which is a period of time. The standard for such projects in the Middle East and North Africa region and the quality of the specific documents that characterized the tender the great success of this project was reinforced. ”
Al Dhaheri explained that the ability to anticipate the different needs and requirements of investors is important to maintain their confidence and this issue will represent an ongoing priority to enrich the decision-making mechanism in the Abu Dhabi Investment Office, which continues its efforts to develop the public-private partnership program in Abu Dhabi. Gold for investors and to offer the best projects within the public-private partnership that enables local and international investors to participate and increases their trust in us and our ability to offer the best projects and key quality offers embodying Abu Dhabi’s long-term vision for future development and prosperity. ”
For his part, Dr. Tariq Al Ameri, Director of the Office of Infrastructure and Facilities at the Department of Education and Knowledge in Abu Dhabi, said: across the Emirate, to meet the needs of students and parents.
“The creation of three new schools with these international specifics increases the access of more students to quality education in Abu Dhabi and enables them to learn in a healthy and developed environment.”
The bid for the school construction project attracted a selection of international development and investment companies that would be successfully acquired to reach the contracting and commercial closure phase.
The project is expected to reach the stage of financial closure in July 2022, to complete the work for the establishment of schools in connection with the start of the semester scheduled for the three schools in September 2024.
This project is part of the Public-Private Partnership Program of the Abu Dhabi Investment Office which aims to increase private sector participation and investment in the development of public infrastructure.
As the central authority responsible for developing and delivering all infrastructure projects in the Emirate of Abu Dhabi, the Abu Dhabi Investment Office works with various government agencies and departments to identify and deliver major infrastructure projects that contribute to increased cooperation between public and private sector.
The Abu Dhabi Investment Office recently updated the Partnership Project Guide, which provides a comprehensive and practical overview of the overall framework and procedures for the process of delivering, awarding and managing partnership projects in the Emirate of Abu Dhabi.
In addition to public-private partnership projects, the Abu Dhabi Investment Office is responsible for bids for infrastructure projects developed under musataha contracts, which are long-term land leases that enable private sector companies to take advantage of the great potential of public lands in the Emirates of Abu Dhabi.