Sustainability Forum Middle East Announces Infracorp As The Lead Partner For the Inaugural Edition

The partnership was launched at a signing ceremony at Infracorp’s headquarters in Bahrain Harbour between Infracorp CEO and Board Member, Mr. Majed Al Khan, and Ms. Zahraa Taher, Managing Director of FinMark Communications, the Forum’s founder and organizer.

Taking place in the Kingdom of Bahrain on January 12, 2023, the Forum is set to gather more than 300 regional public and private sector leaders and international sustainability experts to discuss the MENA region's decarbonization efforts and ways to drive and support climate action, mentioned the report.

According to the report, Infracorp, a sustainable infrastructure and development platform, was launched to help accelerate growth and investment into sustainable infrastructure assets and environments across the MENA region and globally, with US$1.1 billion in equity and more than US$5 billion of assets under management.

As a partner and participant in the Forum, which aims to help businesses better understand and embark upon their own net-zero journeys, Infracorp will share its vision for a more sustainable future and the greener ecosystems it is building across real estate and infrastructure.

Further, the report will also share insights on sustainable financing. In March 2022, Infracorp successfully issued a US$900 million Sukuk listed on the London Stock Exchange, the first-ever green Sukuk issued by a Bahraini entity.

Financing will be a key focus of the forum, with the significant capital required by businesses and governments to fund the transition among other important topics that will be covered through a series of keynote addresses, panel sessions, and workshops.

Experts will provide a roundup of outcomes from the recently concluded COP27 in Egypt and look ahead to the second consecutive COP to be held in the region, with COP 28 set to take place in the UAE in 2023.

Majed Al Khan, Chief Executive Officer and Board Member at Infracorp, said, "With sustainability at the heart of our mission, Infracorp is playing an active role in supporting the Kingdom of Bahrain’s efforts to achieve net zero by 2060 and that of other regional governments through our investments in the creation of sustainable ecosystems and in businesses and technologies that support climate change goals."

He also added that they are pleased to support this important forum focusing on ways that companies across all sectors can and must contribute to decarbonization and a greener, more sustainable future. They also look forward to sharing Infracorp’s own plans and experiences and engaging with their counterparts to encourage and accelerate action and change.

According to Ms. Laila Danesh, Managing Director at FinMark Communications, they are delighted to welcome Infracorp as a Lead Partner. Their commitment to contributing to the region’s net-zero ambitions makes them an important addition to the programme.

They also look forward to their participation and the experience they have to share on the critical need to develop more sustainable environments, as well as the green financing practises and tools available for funding them and the broader transition at large.

By Sumita Pawar