ADIO Signs Musataha Agreements to Boost Community Services and Economic Growth

Abu Dhabi, The Gulf Observer: The Abu Dhabi Investment Office (ADIO) has signed a series of Musataha agreements with local investors to develop key infrastructure projects that enhance community services and drive economic growth across the emirate.

Announced during the fifth edition of the Al Multaqa quarterly meetings, organized by the Abu Dhabi Department of Economic Development (ADDED) in collaboration with ADIO, these agreements include the development of two retail centres and a state-of-the-art school.

Key Projects

1. Misnaad Mall in Madinat Al Riyadh
   • Developed by Misnaad Alehterafya Contracting, this commercial hub will feature over 1,000 sqm of gross leasable area (GLA) dedicated to retail and food & beverage outlets.
   • The mall aims to meet the increasing demand for modern shopping experiences while providing essential services to the growing Madinat Al Riyadh community.
2. Pro Shops 2 in Al Ain
   • Located in the Al Dhahir district, this retail project, led by Danat Alsharq Contracting Company, will cover over 2,500 sqm of GLA.
   • Designed to enhance Al Ain’s commercial offerings, it will serve as a community hub with convenient retail and dining spaces, benefiting residents and local businesses alike.
3. Shining Star International School in Al Wathba
   • In collaboration with the Abu Dhabi Department of Education and Knowledge (ADEK), ADIO has partnered with Shining Star International School to establish a cutting-edge educational facility.
   • Covering 30,000 sqm, the AED 97 million project will be developed in two phases and accommodate up to 4,000 students. The school will follow an Indian curriculum for Grades 1-12, significantly enriching the emirate’s education sector.

Strategic Impact

These projects align with Abu Dhabi’s vision to enhance quality of life, stimulate economic growth, and support sustainable development. The developments are strategically located to provide essential services while fostering community cohesion.

Mansoor Al Bastaki, Head of Musataha at ADIO, remarked:

“These projects exemplify the strength of public-private partnerships and their potential to elevate Abu Dhabi’s communities. Through the Musataha programme, we are unlocking the potential of public land to fuel investments in world-class retail and education infrastructure. These initiatives will play a vital role in Abu Dhabi’s dynamic growth story.”

Musataha Programme

ADIO’s Musataha programme enables UAE national investors to undertake long-term infrastructure projects on public land using competitive pricing models. By fostering collaboration between investors and government entities, the programme ensures development aligns with community needs while promoting economic progress.

Al Multaqa Quarterly Meetings

The Al Multaqa meetings, co-hosted by ADDED and ADIO, provide updates to the local business community on Abu Dhabi’s economic performance and highlight emerging investment opportunities. The platform fosters dialogue between businesses and the government, helping to shape policies and drive strategic investments.

As these projects take shape, they are set to enhance Abu Dhabi’s urban landscape, creating vibrant community hubs and contributing to the emirate’s broader development goals.