Khaleej Times

Sheikh Khalifa the architect behind the Abu Dhabi Fund for Developmen­t

The ADFD contribute­d to positionin­g the UAE as the world’s largest donor of developmen­t aid

- Staff Reporter reporters@khaleejtim­es.com

he late Sheikh Khalifa bin Zayed Al Nahyan played a pivotal role in making the UAE a shining example of generosity and caregiving by reaching out to the world’s less privileged with its spirit of giving and tolerance.

And giving shape to that vision has been the Abu Dhabi Fund for Developmen­t (ADFD), which has been driving that vision since it was founded in 1971.

Sheikh Khalifa, who had carried forward the legacy of the late Sheikh Zayed’s spirit of tolerance and giving, was the architect behind the Fund helping drive sustainabl­e developmen­t in developing countries around the world.

Paying tribute to Sheikh Khalifa’s lasting legacy, Mohammed Saif Al Suwaidi, ADFD director-general, told the Emirates News Agency (WAM) that the UAE and the world have lost a wise leader who dedicated his life to serving his country and continue the renaissanc­e started by the late Sheikh Zayed. He said this has seen the UAE become a pioneering model for sustainabl­e developmen­t locally and globally.

He said that Sheikh Khalifa’s developmen­tal efforts and humanitari­an work, helped the UAE make its way into the hearts and minds of hundreds of thousands of people around the world who benefited from the developmen­tal projects. He also underscore­d the UAE’S role and its leadership in helping countries overcome challenges, pointing out that it was among the first countries to support humanitari­an initiative­s during the Covid-19 pandemic, accounting for 80 per cent of the global response to the pandemic. The country’s contributi­ons totalled 2,154 tonnes of medical aid and supplies, which were distribute­d across 135 countries.

Since becoming chair of the ADFD’S board of directors, Sheikh Khalifa worked to push comprehens­ive developmen­t forward with great vigour, devoting his life to continuing the UAE’S renaissanc­e and driving local and global economic growth.

The fund, through its developmen­tal and investment projects, had a direct role in advancing the economies of developing countries, as it financed several strategic projects which contribute­d to developmen­t in 103 countries. Moreover, the fund doubled its financing and investment to over Dh150 billion, which helped enhance access to health and educationa­l services, develop infrastruc­ture across road, transporta­tion, water networks, airport constructi­on, housing, and other vital projects across various countries.

Sheikh Khalifa had been instrument­al in pushing forward an active foreign policy that cemented the UAE’S status as a proactive member

Sheikh Khalifa, who had carried forward the legacy of the late Sheikh Zayed’s spirit of tolerance and giving, was the architect behind the Fund helping drive sustainabl­e developmen­t in developing countries around the world

of the regional and internatio­nal communitie­s. He strived to strengthen ties with various countries — regionally and internatio­nally, through the UAE’S foreign aid policy, which supports economic growth in developing countries, helping them achieve sustainabl­e developmen­t and improve the living condition of people in those nations.

The Fund contribute­d to positionin­g the UAE as the world’s first and largest donor for developmen­t aid.

The spirit of giving that Sheikh Khalifa made a core trait of the UAE, also left its mark locally, when he amended the provisions of the law in 2013, to include the UAE in the list of countries to benefit from the Abu Dhabi Fund for Developmen­t. This helped accelerate the UAE’S developmen­t drive.

Over the past years, the Fund has launched various initiative­s and developed new tools that contribute­d to the growth of the national economy. This was done by enhancing the role of the private sector as an active strategic partner in the developmen­t process. Other initiative­s included expanding the scope of work of UAE companies which enabled them to implement and develop Adfd-funded projects in beneficiar­y countries.

ADFD launched the Abu Dhabi Exports Office (ADEX) to support UAE companies and build a diversifie­d and sustainabl­e economy by providing financing solutions and guarantees to importers of Emirati products and services, further enhancing the UAE’S presence on the global trade map. This has contribute­d to increasing national export rates and opening new markets for them.

The admirable humanitari­an stances of the late Sheikh Khalifa have contribute­d to charting a brighter future for numerous communitie­s around the world, positionin­g the UAE as a pioneer in driving sustainabl­e economic developmen­t, both locally and globally.

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