Al Maqsed Development Company PJSC
Al Maqsed Development Company PJSC (“Al Maqsed”) developed and operates the new campus for Zayed University, Abu Dhabi under a 25-year Build-Operate-Own-Transfer (“BOOT”) concession from the Abu Dhabi Educational Council (“ADEC”).
Located in the Capital District that lies on Abu Dhabi’s mainland near the Abu Dhabi International Airport, this new campus is part of the overall master plan of the new Capital District – a 4,900 hectares district that will be the future seat of the UAE's Federal Government.
With a total built up area stretching 224,237 m2, the campus provides educational facilities for 6,000 students including residential blocks for male and female students. Current enrollment is 4,000 students.
MIP acquired a 25% stake in Al Maqsed from Mubadala Development Company PJSC in 2012.