The Abu Dhabi Investment Office (ADIO) and the Australian National Reconstruction Fund Corporation (NRFC) today signed a Memorandum of Understanding (MOU) to help promote foreign direct investment and cross-border information exchange.

Under the terms of the arrangement, ADIO and NRFC will work together on strategies and initiatives that increase foreign direct investment, contribute to economic growth and promote Abu Dhabi and Australia as attractive destinations for international investment.

Australia and the United Arab Emirates signed a Comprehensive Economic Partnership Agreement (CEPA) in November 2024 which came into force on 1 October this year. The MOU builds on the objectives of CEPA and will be signed at the United Arab Emirates (UAE) Investment Showcase in Sydney later on today.

As part of the arrangement, ADIO and the NRFC will help to facilitate investment in priority sectors by sharing information on policy settings and economic conditions in their respective markets, and by supporting one another to foster relationships with key investors and relevant government agencies.

The NRFC is Australia’s sovereign investor in manufacturing capability, with a mandate to invest $15 billion across seven priority areas that will help to transform and diversify the Australian economy.

National Reconstruction Fund Corporation CEO David Gall and MOU signatory said, “The National Reconstruction Fund Corporation is pleased to be partnering with the Abu Dhabi Investment Office. In a global, interconnected world, partnerships like this are crucial to helping to increase foreign direct investment into both Australia and Abu Dhabi.”

ADIO is the government vehicle responsible for supporting investors and companies to establish, grow and develop their businesses in Abu Dhabi. It provides support programs and services ranging from unlocking access to fast-growing markets and developing high-impact partnerships as well as facilitating business needs from market entry to long-term global expansion.

Mohammad Ali Al Kamali, Chief Trade and Industry Officer at ADIO said, “Through this partnership with the National Reconstruction Fund Corporation, we are deepening the ties between two dynamic markets that offer sustainable growth. Together we will unlock new opportunities for investment and innovation across sectors of the future, from new energy and advanced manufacturing to life sciences and digital technologies – ensuring mutual prosperity and lasting value for our nations and partners.”

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NRFC media contact: Michelle Loh | +61 0427 745 586 | media@nrf.gov.au 

ADIO media contact: Louy Al Assadi | +971 2812 0079 | lalassadi@adio.gov.ae

About the National Reconstruction Fund Corporation 

The NRFC invests to diversify and transform Australia’s industry and economy. It has $15 billion to invest using direct loans, equity investments and loan guarantees. The NRFC can invest in seven priority areas including value-add in resources; transport; medical science; defence capability; renewables and low emission technologies; value-add in agriculture, forestry and fisheries; and enabling capabilities.

The NRFC’s role is to invest in Australian businesses and projects that design, refine and make to transform capability, grow jobs and a skilled workforce, and diversify our economy. The NRFC is a corporate Commonwealth entity, established by the National Reconstruction Fund Corporation Act 2023 (NRFC Act) in September 2023.

For more information, visit nrf.gov.au

About the Abu Dhabi Investment Office

The Abu Dhabi Investment Office (ADIO) is the government vehicle responsible for accelerating Abu Dhabi’s growth and enabling the emirate’s economic transformation. Through comprehensive support services, ADIO enables both local and foreign investors to shape industries of the future set to transform liveability, technology, resources and value-added services. Initiatives focused on regional tourism and retail development and public-private partnerships ensure that community well-being is at the centre of Abu Dhabi’s economic transformation. With a robust network of investors, strong collaboration with key stakeholders and a global presence, ADIO is committed to empowering those who invest with Abu Dhabi to make a lasting global impact.

For more information, visit https://www.investinabudhabi.gov.ae(Opens in a new tab/window)