BlackRock $200 Billion Global Infrastructure Partners (GIP), Singapore $324 Billion Temasek, Abu Dhabi L’IMAD & Abu Dhabi National Oil Company (ADNOC) to Launch $30 Billion Infrastructure Partnership to Invest High Quality Infrastructure Assets (Including Energy, Transportation, Logistics, Digital, Water & Waste Management) in Gulf Cooperation Council (GCC) & Central Asia and Select Investments in Middle East and North Africa (MENA) Region
15th May 2026 | Hong Kong
BlackRock $200 billion Global Infrastructure Partners (GIP), Singapore $324 billion Temasek, Abu Dhabi L’IMAD & Abu Dhabi National Oil Company (ADNOC) have announced to launch a $30 billion infrastructure partnership to invest high quality infrastructure assets (including energy, transportation, logistics, digital, water & waste management) in Gulf Cooperation Council (GCC) & Central Asia, and select investments in Middle East and North Africa (MENA) region. Announcement (13/5/26): “Global Infrastructure Partners (GIP), a part of BlackRock, will partner with L’IMAD, the Abu Dhabi National Oil Company (ADNOC) and Temasek, to launch an infrastructure investment partnership which will capitalize on the growing opportunities across the Gulf Cooperation Council (GCC) and Central Asia. It will also consider select investments within the broader Middle East and North Africa (MENA) region. The proposed partnership would target a diversified pipeline of high-quality infrastructure investment opportunities across several key segments including energy, transportation, logistics, digital, water, and waste management, reflecting strong structural demand across target markets. The partnership will raise a combination of equity and debt capital to target an investment portfolio which aims to generate attractive risk-adjusted returns underpinned by a healthy cash yield. Its strategy spans greenfield and brownfield infrastructure assets, and it aims to drive long-term economic value for its investors through scalable infrastructure investments. The founding partners will seek to focus on operational excellence and active, long-term value creation. Together, they aim to accelerate the development and expansion of critical infrastructure assets, contributing to the build-out of resilient, future-ready infrastructure across target markets. The partnership is subject to definitive agreements. The partnership also reflects continued global investor interest in the UAE and the wider region, as destinations for long-term capital, supported by strong macroeconomic fundamentals, a growing pipeline of investable opportunities and an increasingly mature investment landscape.”
“ BlackRock $200 Billion Global Infrastructure Partners (GIP), Singapore $324 Billion Temasek, Abu Dhabi L’IMAD & Abu Dhabi National Oil Company (ADNOC) to Launch $30 Billion Infrastructure Partnership to Invest High Quality Infrastructure Assets (Including Energy, Transportation, Logistics, Digital, Water & Waste Management) in Gulf Cooperation Council (GCC) & Central Asia and Select Investments in Middle East and North Africa (MENA) Region “
![](https://www.caproasia.com/wp-content/uploads/2025/08/Air-Charter-Service-728x90-1.png")
Bayo Ogunlesi, Chairman and Chief Executive Officer of Global Infrastructure Partners (GIP), a part of BlackRock: “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. Today, more than ever, investing in and creating best-in-class infrastructure is a critical driver of economic growth and resilience. We look forward to furthering our joint ambition to enhance innovation and economic growth.”
Jassem Bu Ataba Al Zaabi, MD & Group CEO of L’IMAD: “Infrastructure forms one of the key pillars of our investment strategy, especially in markets where demand is underpinned by structural trends. These dynamics make the region highly attractive for long-term capital, particularly for opportunities driven by urbanisation, digitisation, and productivity-led growth. Through our partnership with GIP , ADNOC and Temasek, we are combining global investment expertise with local insight and a disciplined approach to capital deployment, focused on supporting the development of resilient assets aligned with long-term regional demand.”
Dr. Sultan Ahmed Al Jaber, ADNOC Managing Director and Group CEO: “As a growth- oriented global energy company, ADNOC is focused on strengthening long-term energy security, supporting economic resilience, and enabling sustainable value creation. This proposed strategic partnership with GIP , L’IMAD and Temasek, targets disciplined investments across a diversified pipeline of high-quality opportunities. It builds on ADNOC’s long and successful history of working with trusted partners, leveraging its proven project delivery, infrastructure management, and financing expertise, and deep experience of deploying capital to unlock new revenue streams and create long-term value.”
Chia Song Hwee, CEO of Temasek Global Investments: “Core-plus infrastructure is a strategic focus area for Temasek, supported by the growing global demand for modern and resilient infrastructure. We are pleased to partner with GIP, L’IMAD and ADNOC, bringing together complementary expertise to pursue high-quality infrastructure opportunities. This underscores our continued interest in the GCC and broader region, and our ambition to create lasting value alongside like-minded partners.”
Global Infrastructure Partners (GIP), a part of BlackRock – Global Infrastructure Partners (GIP), a part of BlackRock, is a leading infrastructure investor that specializes in investing in, owning, and operating some of the largest and most complex assets across the energy, transport, digital infrastructure, and water and waste management sectors. GIP’s scaled platform has over $200 billion in assets under management. We believe that our focus on real infrastructure assets, combined with our deep proprietary origination network and comprehensive operational expertise, enables us to be responsible stewards of our clients’ capital and create positive economic impact for communities. For more information, visit www.global-infra.com
L’IMAD – L’IMAD is a sovereign investment platform of the Government of Abu Dhabi, established to cement the emirate’s economic foundations and generate sustainable value. As an active investor and shareholder, L’IMAD stewards a portfolio of national and international investments across public and private markets. L’IMAD operates with long term discipline and institutional rigour while nurturing its portfolio companies across infrastructure and industries into globally competitive leaders.
ADNOC – ADNOC is a leading diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi. ADNOC’s objective is to maximize the value of the Emirate’s vast hydrocarbon reserves through responsible and sustainable exploration and production to support the United Arab Emirates’ economic growth and diversification. To find out more, visit: www.adnoc.ae
Temasek – Temasek is a global investment company headquartered in Singapore, with a net portfolio value of S$434 billion (US$324b) as at 31 March 2025. Its Purpose “So Every Generation Prospers” guides it to make a difference for today’s and future generations. Temasek seeks to build a resilient and forward-looking portfolio that will deliver sustainable returns over the long term.
BlackRock $200 Billion Global Infrastructure Partners (GIP), Singapore $324 Billion Temasek, Abu Dhabi L’IMAD & Abu Dhabi National Oil Company (ADNOC) to Launch $30 Billion Infrastructure Partnership to Invest High Quality Infrastructure Assets (Including Energy, Transportation, Logistics, Digital, Water & Waste Management) in Gulf Cooperation Council (GCC) & Central Asia and Select Investments in Middle East and North Africa (MENA) Region
Caproasia Users
- Manage $20 million to $30 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2026 Investment Day
- March - Hong Kong
- March - Singapore
- April - Hong Kong
- April - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
