Global Infrastructure Partners (GIP) has launched a new investment vehicle aimed at raising $10 billion to back projects across the Gulf Cooperation Council and Central Asia. Backers include UAE sovereign wealth investor L’imad, state‑owned Abu Dhabi National Oil Company, and Singapore’s Temasek. The partnership leverages each backer’s regional expertise to source deals that meet strict ESG criteria.

The $10 billion target places the vehicle among the largest regional infrastructure pools, reshaping capital flows into emerging markets that have struggled to attract funding. By pooling sovereign and sovereign‑linked capital, GIP hopes to lower financing costs and accelerate project pipelines that align with the GCC’s diversification agenda and Central Asia’s infrastructure deficit. The fund also aims to tap green financing trends emerging in the region.

Investors will watch the fund’s deployment speed, as early commitments could signal confidence in the region’s regulatory reforms and demand growth. If GIP secures full backing, the vehicle could command a sizable share of upcoming megaprojects, pressuring competitors to raise comparable funds and intensifying competition for limited project pipelines for investors worldwide.