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The Gulf Infrastructure Fund (GIF) said that it will partner with public-sector institutions across the Gulf countries to structure and deliver essential, high-impact infrastructure projects.
The GIF will focus on mobilising capital and expertise for projects, it said in a statement.
The fund collaborates with ministries, municipalities, utilities, development finance institutions, EPCs, and private investors through PPPs, concessions, and BOT/BOOT models.
The fund’s priority sectors include transport (roads, rail, ports, and airports), energy (renewables, conventional, andtransmission), water & sanitation, digital infrastructure (fiber, 5G, and data centers), as well as urban development and housing.
No details were given on GIF's funding strategy.
(Writing by P Deol; Editing by Anoop Menon) (anoop.menon@lseg.com)
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