KFED and ADPIC Sign Pact to Boost SME Role in Infrastructure
The Khalifa Fund for Enterprise Development (KFED) and the Abu Dhabi Projects and Infrastructure Centre (ADPIC) have signed a strategic agreement to enhance collaboration in infrastructure development and bolster SME participation through the Abu Dhabi SME Champions Programme.
The agreement was formalised during the Abu Dhabi Infrastructure Summit at the Abu Dhabi Energy Centre, with signatories Mouza Al Nasri, CEO of KFED, and H.E. Maysarah Mahmoud Eid, Director General of ADPIC. This partnership underscores both entities’ commitment to supporting entrepreneurs and accelerating industrial growth by offering tailored support to SMEs operating within the infrastructure sector.
Key objectives of the agreement include:
- Launching targeted procurement support programmes for SMEs
- Creating linkages between SMEs and government/private sector entities across Abu Dhabi
- Promoting active participation in SME-focused initiatives to drive sustainable development
“We are pleased to further strengthen our partnership with ADPIC through this strategic agreement, enabling us to empower entrepreneurs and enhance their role in Abu Dhabi’s vital infrastructure sector. The collaboration fuels our shared commitment to supporting SMEs and fostering an environment that promotes innovation and growth, which aligns with the forward-thinking vision of our wise leadership and Abu Dhabi's goals of building a more sustainable and advanced future,” said Mouza Al Nasri, CEO, KFED.
H.E. Maysarah Mahmoud Eid, Director General, ADPIC, added, “This strategic partnership with the Khalifa Fund is a pivotal step in strengthening Abu Dhabi's economic ecosystem. Our collaboration underscores ADPIC's commitment to a holistic approach to infrastructure development. By actively supporting our SMEs and integrating them into critical infrastructure projects, we are fostering innovation and local content while also diversifying our supply chain, driving sustainable growth, and building a more resilient and inclusive economy for the future of our Emirate.”
The agreement aligns with the broader goals of the Abu Dhabi Infrastructure Summit, a premier platform that brings together policymakers, investors, developers, contractors, and industry leaders to explore emerging trends, foster innovation, and forge strategic partnerships for building resilient, integrated cities. The summit aims to elevate standards in construction and urban planning while advancing Abu Dhabi’s vision of sustainable development and economic prosperity.