Latest news with #PaulCrowe
Zawya
10-07-2025
- Business
- Zawya
Plenary to boost private sector role in Abu Dhabi infrastructure projects
Plenary Group, a leading developer, investor, manager of infrastructure and real assets, has formalised a MoU with Abu Dhabi Projects and Infrastructure Centre to advance private sector engagement in infrastructure projects across the UAE capital. One of the key outcomes of the Abu Dhabi Infrastructure Summit that was hosted by ADPIC in June, the agreement established a collaborative partnership between the two organisations to plan, develop and implement strategic PSEs within the emirate. These efforts are part of a broader push to enable impactful PSE models across Abu Dhabi and are being driven in close collaboration with the Abu Dhabi Investment Office (ADIO), ADPIC's strategic partner in attracting private sector expertise and capital into priority infrastructure projects. ADPIC undertakes the review, supervision and monitoring of capital projects in Abu Dhabi, overseeing implementation and delivery to the highest standards of safety, quality and sustainability. It is currently managing initiatives worth more than $54 billion. "Strengthening private sector engagement is vital to delivering resilient, efficient, and future-ready infrastructure," said Eng. Maysarah Mahmoud Eid, Director General of the ADPIC. "This partnership with Plenary reflects our commitment to fostering high-impact collaboration that unlocks long-term value for Abu Dhabi, while supporting innovation, economic diversification, and world-class project delivery," he stated. Plenary CEO Paul Crowe said this agreement strengthens the strategic relationship with ADPIC and reinforces its mutual commitment to advancing private sector engagements across the emirate. "We look forward to collaborating with ADPIC on Abu Dhabi's strong pipeline of PSE projects," he noted. Plenary has partnered with the UAE government to finance and deliver social infrastructure projects since establishing a presence and winning its first project in 2022. It has been awarded three major infrastructure projects in Abu Dhabi to date – including the Emirate's first school infrastructure public-private partnership, the Zayed City Schools project, it stated. In 2024, ADQ, an active sovereign investor with a focus on critical infrastructure and global supply chains, acquired 49% of Plenary, marking the first major inbound investment from the UAE into an Australian company following the signing of the Australia-UAE Comprehensive Economic Partnership Agreement and reinforcing bilateral ties between the two nations. As part of the agreement, Plenary and ADQ have established a co-development and investment platform, Plenary Middle East, to pursue public and social infrastructure opportunities in high-growth regions across the Middle East and Central Asia. The Abu Dhabi Infrastructure Summit, hosted by ADPIC, is a strategic platform that convenes global leaders, investors, and industry experts to explore innovation, investment, and sustainability in infrastructure. The summit supports Abu Dhabi's long-term vision by fostering collaboration and showcasing opportunities that will shape the Emirate's resilient future-ready, built environment.- TradeArabia News Service
Mid East Info
08-07-2025
- Business
- Mid East Info
ADPIC-Plenary MOU to advance private sector engagement in Abu Dhabi infrastructure projects - Middle East Business News and Information
ABU DHABI, UAE, Tuesday, July 2025: Leading developer, investor, manager of infrastructure and real assets Plenary Group has formalised a Memorandum of Understanding (MOU) with Abu Dhabi Projects and Infrastructure Centre (ADPIC) to advance Private Sector Engagement (PSE) in infrastructure projects across Abu Dhabi. One of the key outcomes of the Abu Dhabi Infrastructure Summit that was hosted by ADPIC in June, the MOU established a collaborative partnership between the two organisations to plan, develop and implement strategic PSEs within the Emirate. These efforts are part of a broader push to enable impactful PSE models across Abu Dhabi and are being driven in close collaboration with the Abu Dhabi Investment Office (ADIO), ADPIC's strategic partner in attracting private sector expertise and capital into priority infrastructure projects. ADPIC undertakes the review, supervision and monitoring of capital projects in Abu Dhabi, overseeing implementation and delivery to the highest standards of safety, quality and sustainability. It is currently managing initiatives worth more than US$54 billion. 'Strengthening private sector engagement is vital to delivering resilient, efficient, and future-ready infrastructure,' said H.E. Eng. Maysarah Mahmoud Eid, Director General of the Abu Dhabi Projects and Infrastructure Centre. 'This partnership with Plenary reflects our commitment to fostering high-impact collaboration that unlocks long-term value for Abu Dhabi, while supporting innovation, economic diversification, and world-class project delivery.' Plenary CEO Paul Crowe said, 'The MOU strengthens our strategic relationship with ADPIC and reinforces our mutual commitment to advancing private sector engagements across the Emirate. We look forward to collaborating with ADPIC on Abu Dhabi's strong pipeline of PSE projects.' Plenary has partnered with the UAE government to finance and deliver social infrastructure projects since establishing a presence and winning its first project in 2022. It has been awarded three major infrastructure projects in Abu Dhabi to date – including the Emirate's first school infrastructure public-private partnership, the Zayed City Schools project. In 2024, ADQ, an active sovereign investor with a focus on critical infrastructure and global supply chains, acquired 49% of Plenary, marking the first major inbound investment from the UAE into an Australian company following the signing of the Australia-UAE Comprehensive Economic Partnership Agreement and reinforcing bilateral ties between the two nations. As part of the agreement, Plenary and ADQ have established a co-development and investment platform, Plenary Middle East, to pursue public and social infrastructure opportunities in high-growth regions across the Middle East and Central Asia. The Abu Dhabi Infrastructure Summit, hosted by ADPIC, is a strategic platform that convenes global leaders, investors, and industry experts to explore innovation, investment, and sustainability in infrastructure. The summit supports Abu Dhabi's long-term vision by fostering collaboration and showcasing opportunities that will shape the Emirate's resilient future-ready, built environment.
Al Etihad
08-07-2025
- Business
- Al Etihad
Abu Dhabi partners with Plenary Group to advance private sector engagement
8 July 2025 20:00 ABU DHABI (ALETIHAD)Abu Dhabi Projects and Infrastructure Centre (ADPIC) has formalised a Memorandum of Understanding (MoU) with leading developer, investor, manager of infrastructure and real assets Plenary Group to advance private sector engagement (PSE) in infrastructure projects across Abu of the key outcomes of the Abu Dhabi Infrastructure Summit that was hosted by ADPIC, the MoU established a collaborative partnership between the two organisations to plan, develop, and implement strategic PSEs within the efforts are part of a broader push to enable impactful PSE models across Abu Dhabi and are being driven in close collaboration with the Abu Dhabi Investment Office (ADIO), ADPIC's strategic partner in attracting private sector expertise and capital into priority infrastructure undertakes the review, supervision and monitoring of capital projects in Abu Dhabi, overseeing implementation and delivery to the highest standards of safety, quality and sustainability. It is currently managing initiatives worth approximately Dh200 Mahmoud Eid, Director-General of the Abu Dhabi Projects and Infrastructure Centre, said, 'Strengthening private sector engagement is vital to delivering resilient, efficient, and future-ready infrastructure. This partnership with Plenary reflects our commitment to fostering high-impact collaboration that unlocks long-term value for Abu Dhabi, while supporting innovation, economic diversification, and world-class project delivery." Paul Crowe, Plenary CEO, added, 'The MoU strengthens our strategic relationship with ADPIC, and reinforces our mutual commitment to advancing private sector engagements across the emirate. We look forward to collaborating with ADPIC on Abu Dhabi's strong pipeline of PSE projects.' Source: Aletihad - Abu Dhabi
Al Etihad
08-07-2025
- Business
- Al Etihad
Abu Dhabi Projects and Infrastructure Centre partners with Plenary Group to advance private sector engagement in key projects
8 July 2025 14:14 ABU DHABI (ALETIHAD)Abu Dhabi Projects and Infrastructure Centre (ADPIC) has formalised a Memorandum of Understanding (MoU) with leading developer, investor, manager of infrastructure and real assets Plenary Group to advance private sector engagement (PSE) in infrastructure projects across Abu of the key outcomes of the Abu Dhabi Infrastructure Summit that was hosted by ADPIC, the MoU established a collaborative partnership between the two organisations to plan, develop and implement strategic PSEs within the efforts are part of a broader push to enable impactful PSE models across Abu Dhabi and are being driven in close collaboration with the Abu Dhabi Investment Office (ADIO), ADPIC's strategic partner in attracting private sector expertise and capital into priority infrastructure undertakes the review, supervision and monitoring of capital projects in Abu Dhabi, overseeing implementation and delivery to the highest standards of safety, quality and sustainability. It is currently managing initiatives worth approximately AED200 billion. Eng. Maysarah Mahmoud Eid, Director General of the Abu Dhabi Projects and Infrastructure Centre, said: 'Strengthening private sector engagement is vital to delivering resilient, efficient, and future-ready infrastructure. 'This partnership with Plenary reflects our commitment to fostering high-impact collaboration that unlocks long-term value for Abu Dhabi, while supporting innovation, economic diversification, and world-class project delivery.'Paul Crowe, Plenary CEO, said: 'The MoU strengthens our strategic relationship with ADPIC and reinforces our mutual commitment to advancing private sector engagements across the emirate. We look forward to collaborating with ADPIC on Abu Dhabi's strong pipeline of PSE projects.'Plenary has partnered with the UAE government to finance and deliver social infrastructure projects since establishing a presence and winning its first project in 2022. It has been awarded three major infrastructure projects in Abu Dhabi to date – including the emirate's first school infrastructure public-private partnership, the Zayed City Schools 2024, ADQ, an active sovereign investor with a focus on critical infrastructure and global supply chains, acquired 49 per cent of Plenary, marking the first major inbound investment from the UAE into an Australian company following the signing of the Australia-UAE Comprehensive Economic Partnership Agreement and reinforcing bilateral ties between the two part of the agreement, ADQ and Plenary have established a co-development and investment platform, Plenary Middle East, to pursue public and social infrastructure opportunities in high-growth regions across the Middle East and Central Asia. The Abu Dhabi Infrastructure Summit, hosted by ADPIC, is a strategic platform that convenes global leaders, investors, and industry experts to explore innovation, investment, and sustainability in infrastructure. The summit supports Abu Dhabi's long-term vision by fostering collaboration and showcasing opportunities that will shape the emirate's resilient future-ready, built environment.
News.com.au
13-06-2025
- Business
- News.com.au
Bar, restaurant, cafe operators short-listed for convention centre
Hospitality operators celebrating the best of the region's food and wine at Geelong's convention centre are expected to be revealed soon as the lead proponent fine tunes the retail precinct. Plenary Group put a call out earlier this year through Gartland and CBRE for hospitality providers, especially those based in the region, to becoming part of the $450m Nyaal Banyul Geelong Convention and Event Centre. Plenary chief investment officer Paul Crowe said the group was in the process of short-listing operators and refining the retail offering. 'We've been really happy with the response we got from the market, a particularly strong response from local operators,' Mr Crowe said. 'We're working through those responses to shortlist and fine tune and make sure we come out with a really exciting retail offering that supports the precinct. 'We got a good range of offerings, a good spread covering everything from cafes to a fine dining restaurant to a bar-type offering and make sure that they complement what the hotel does.' Crowne Plaza Geelong will operate an in-house Italian restaurant and bar and a sky bar cocktail lounge on level 10. Nyaal Banyul will feature two large exhibition halls, a 1000-seat theatre and flexible conference and event spaces. 'The size of the venues are targeting larger events and events that bring people in to the region,' Mr Crowe said. 'What the precinct needs to do, and in particular the hotel and working in partnership with the convention centre operator, is to make sure we get the activation to bring the other events, the smaller events into the hotel or into the smaller rooms in the convention centre, to make sure it's active all year round.' The precinct forecourt will feature a big screen and a mix of dining ands retail options. The tenancies up for grabs encompass 700sq m of floorspace plus outdoor seating, for operations that include a fine dining restaurant and week-round, all-day cafe and potential for a gastropub, coffee bar, general store and convenience retail outlet. 'We're really looking at how we draw people in to the precinct, make it exciting when there are visitors for events,' Mr Crowe said. 'We're anchoring one end of the waterfront with this precinct, so we want to make it a beacon for people to come towards, or start at in how they explore the waterfront.' Plenary expects to reveal the retail operators in the next two to three months, but there's a lot of detail to go through with the proponents, including fit-out requirements, Mr Crowe said. The convention centre is expected to open in mid 2026. Meanwhile a separate $130m commercial tower planned for the site remains on the drawing board. Mr Crowe said securing tenants for that project would define the timeline for the tower, which is a direct investment by Plenary.
