BESIX – Plenary consortium achieves financial close on Abu Dhabi school PPP project ...United Arab Emirates

The financial close of the Zayed City Schools public private partnership (PPP) has been announced by the N.V. BESIX S.A. Sharjah Branch (“BESIX”) – Plenary Group (“Plenary”) consortium. The project was awarded to the consortium by the Abu Dhabi Investment Office (ADIO) in collaboration with the Abu Dhabi Department of Education and Knowledge (ADEK). The PPP is said to be the UAE’s first in the field of school infrastructure, and is billed as a pioneering project that’s paving the way for private sector participation in the development of the country’s social infrastructure. The PPP project covers the financing, design, procurement, construction, commissioning, and 20-year operations and main

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