A number of developments in collaboration with the privatesector worth $127m (AED470m) have been approved by Abu Dhabi’s Executive Council, according to reports.

One of the projects which will include the development of two community markets in Mohamed bin Zayed and Shakhbut, worth (AED195m) and (AED182m) respectively, was given the go ahead by the Council’s Executive Committee at the last meeting.

According to Arabian Business, the project is part of a strategy to develop a network of community markets operated by the private sector.

The markets in Abu Dhabi will be spread over 38 locations – covering both mainland and the islands – and will be divived into three sections to include social facilities, shops and government services.

The Committee has also approved a project to develop the Sheikha Fatima bint Mubarak Park through a (AED93m) agreement with the private sector.

The project will redevelop and improve the current fenced park, turning it into an open entertainment park which will feature social events and activities and commercial facilities.

The referral of a (AED112m) roads and infrastructure project aimed at creating 104 units in Al Maqta was also approved, Arabian Business added.