Islamic Finance

Abu Dhabi to invest nearly $100m in projects in Turkmenistan


Published 12 Jun,2021 via Arab News - Economy DUBAI - The Abu Dhabi Fund for Development (ADFD) has signed deals worth $99.91 million to build an airport and a power plant in Turkmenistan.

The deal allocates 275 million dirhams ($74.9 million) for the construction of an airport in Jebel in the Balkan region of the country.

It aims to improve airport infrastructure in the area and enhance air connectivity in centralAsia.
The project includes building Jebel airport terminal with a capacity of 100 passengers per hour.

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