Abu Dhabi Investment Office (ADIO), in collaboration with Khalifa University of Science and Technology (Khalifa University), has awarded KUnnected Living, a multinational consortium led by Plenary Group, BESIX Group, and Mazrui International, a project to develop world-class student accommodation facilities in Abu Dhabi.
Notably,the project has now successfully reached commercial close.
The development is the largest student accommodation project in the GCC be developed under a public-private partnership (PPP) model, and includes a 23-year concession to design, build, finance and maintain 3,260 student rooms and communal facilities located across Khalifa University’s Main Campus and its Sas Al Nakhl (SAN) Campus.
A signing ceremony took place at Abu Dhabi Department of Economic Development (ADDED) to mark the commencement of the PPP concession period and the on-site construction activities.
The student accommodation project is being implemented through Abu Dhabi’s proven and successful Public Private Partnership Programme, which seeks to expand the role of the private sector in delivering major public sector infrastructure and services.
ADIO is the central Abu Dhabi Government authority responsible for the facilitation, development and procurement of all infrastructure projects delivered through the PPP framework.
The project underpins Khalifa University’s commitment to provide world-class accommodation solutions that promote a vibrant on-campus student living experience, alongside a rich and inclusive social environment, for local and international students alike.
Designed to meet international best practices, the new facilities will offer technology-enabled ensuite rooms for undergraduates and ensuite studios for post-graduate students, as well as expansive communal spaces that include support services, central study areas, fitness studios, a gym, as well as commercial and retail areas.
The new student accommodation facilities form a key part of Khalifa University’s 10-year strategic growth plan to enhance and modernise its teaching, research and living offerings.
The research, enterprise and innovation-oriented university remains top ranked in the UAE and is placed 202nd worldwide in the QS World University Rankings 2024.
The PPP project is set to boost Abu Dhabi’s economy through the attraction of foreign direct investment, and will support of local suppliers and manufacturers by drawing local content and products from the national supply chain for the purposes of development and operation.
Plenary, one of the key partners in the KUnnected Living consortium, is an independent long-term investor, developer and manager of public infrastructure that specialises in PPPs and has recently been awarded a $3.3 billion investment project for La Trobe University in Australia.
BESIX Group is a major Belgian-French construction and property developer, with PPP concession experience in the education sector that has been operating in the region for 50 years.
Mazrui International is a privately held diversified holding company that operates across numerous industries and asset classes.
Acting Head – Infrastructure Partnerships at ADIO, Yaser Al Nuaimi, said, “In Abu Dhabi, we are committed to ensuring that the private sector can play a significant role in strategic infrastructure projects that will create impact and value across the emirate. The Khalifa University accommodation project is a leading example of this: it demonstrates efficient PPP delivery through an effective commercial partnership that supports the development of premier facilities for students choosing to pursue their studies and research in our top-ranked educational facilities.”
President of Khalifa University, Dr Ebrahim Al Hajri, said, “We are delighted to collaborate with the Abu Dhabi Investment Office to award the student accommodation public-private partnership contract to the consortium comprising BESIX, Plenary Group, and Mazrui International. This initiative is part of our strategy to provide improved campus facilities and accommodation for an enhanced student living experience, and it seeks to enhance our reputation as one of the leading universities in the region with high-quality infrastructure megaprojects in the education sector.”
CEO at Plenary Group, David Lamming,said, “The KUnnected Living consortium is honoured to be selected to deliver the largest on-campus student accommodation developments in the GCC region. We commend the Abu Dhabi Government on its impressive, continued programme of infrastructure development and look forward to working in partnership with ADIO and Khalifa University of Science and Technology to deliver this world-class integrated precinct.”
All PPP tenders in Abu Dhabi follow a competitive, transparent and efficient evaluation process in accordance with Abu Dhabi’s PPP Law, and ADIO’s Partnership Projects Guidebook and Environmental, Social and Governance (ESG) Policy.
ALETIHAD
