DEWA plans to invest more than 30 billion dollars in the next 5 years to move the economy of Dubai towards sustainability
The headquarters of ICEX (Spain Export and Investment) has hosted an informative breakfast in which a delegation of senior executives of Dubai Electricity and Water Authority (DEWA) has participated with Spanish companies.
ICEX has organized an informative breakfast in which a delegation of DEWA has participated , headed by its CEO. This entity plans to invest more than 30 billion dollars in the next 5 years to move the economy of Dubai towards sustainability. In this sense, the company is looking for Spanish companies that can be awarded tenders in areas of cybersecurity, smartcities and clean energy.
Maria Pena, CEO of ICEX Spain Export and Investment, has emphasized in her welcome the leadership of Spanish companies worldwide in advanced solutions for water generation and treatment, as well as wind and solar energy, a success due to its technical competence and its extensive experience in public-private collaboration.
In 2017, the United Arab Emirates launched the «Energy Strategy 2050. This roadmap aims for renewables to provide 50% of energy and the reduction of the carbon footprint in energy generation by 70%.
Maria Pena, CEO of ICEX:
“It is no accident that we give access to quality water to 46 million residents in Spain; to 82 million tourists; to the industry of the fifth European economy; to the farmers that make us the largest exporters of fruit and vegetables, and still we still have water to maintain the greatest biodiversity in Europe.”
For his part, the Arab Emirates ambassador to Spain, Majid Al-Suwaidi has encouraged Spanish companies to collaborate with DEWA in areas such as Smart cities and renewable energies within the framework of the 2021 National Agenda, a year that marks the 50th anniversary of The foundation of the eastern country.
Dubai Energy Strategy
In 2017, the United Arab Emirates launched the «Energy Strategy 2050». This roadmap aims for renewables to contribute 50% of energy and the reduction of the carbon footprint in power generation by 70%. Finally, the efficiency in residential and business energy consumption must also increase by 40% under the plan.