Global Infrastructure Partners, ADNOC, Temasek and investment firm L’IMAD are launching a new infrastructure investment partnership targeting up to $30 billion of investments across the Gulf Cooperation Council, Central Asia, and selected Middle East and North Africa markets.
The partnership will focus on sectors including energy, transportation, logistics, digital infrastructure, water, and waste management, according to a joint announcement.
The strategy will raise a combination of equity and debt capital for infrastructure investments, targeting both greenfield and brownfield assets capable of generating long-term cash yield and risk-adjusted returns.
The move comes as Gulf sovereign investors and global asset managers increase exposure to infrastructure assets amid rising demand driven by urbanisation, population growth, industrial expansion, digitalisation, and energy security initiatives across the region.
Global Infrastructure Partners, which was acquired by BlackRock last year, manages more than $200 billion in assets across infrastructure sectors including energy, transport, digital infrastructure, water, and waste management.
“We are pleased to establish this partnership with L’IMAD, ADNOC and Temasek to deepen our longstanding commitment to investing across the GCC and Central Asia region,” said Bayo Ogunlesi, chairman and chief executive officer of Global Infrastructure Partners.
The proposed platform underscores growing investor appetite for long-duration infrastructure assets in the Gulf and broader MENA region, where governments are accelerating economic diversification and private-sector participation in strategic infrastructure development.
The partners said the platform would seek high-quality infrastructure opportunities capable of supporting long-term economic growth and regional connectivity.