Globalfoundries, a subsidiary of the UAE’s Advanced Technology Investment Co, has asked firms to bid by January 16 for the contract to design and build its proposed $6bn-plus semiconductor factory at Abu Dhabi, Meed has reported. When completed the plant will be owned and operated by Globalfoundries and will be located on a 3 sq km site next to Abu Dhabi International airport. It will be the first facility of its type in the Middle East.