Abu Dhabi is re-evaluating plans to build the country's biggest road project using private finance, calling into question the viability of billions of dirhams' worth of future deals.
The Department of Transport has for the past three years been preparing a public-private partnership (PPP) to build a Dh10 billion (US$2.72bn) road to Saudi Arabia from the capital. Last month, the department declared it had selected a preferred PPP bidder for the Mafraq-to-Al Ghweifat Highway project and that formal approval could be weeks away. But this week it said it was "currently evaluating different options" for the 327km road project in the interests of ensuring "best quality and value".
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