DEWA Launches International Arm To Expand Global Energy And Water Projects
KUALA LUMPUR, July 10 (Bernama) -- Dubai Electricity and Water Authority (DEWA) has announced the establishment of DEWA International, its wholly owned independent subsidiary, to develop conventional and clean energy projects worldwide and export Dubai’s successful energy and water infrastructure model to global markets.
Dubai Supreme Council of Energy Chairman, Sheikh Ahmed bin Saeed Al Maktoum said Dubai has firmly established itself as a leading international benchmark through world-class infrastructure, particularly in the energy and water sectors.
In a statement, Sheikh Ahmed said the launch of DEWA International marks a strategic step towards extending this successful model to global markets and strengthening Dubai’s position as a source of knowledge and expertise in energy, water, sustainability and digital transformation.
Meanwhile, DEWA Managing Director and Chief Executive Officer, Saeed Mohammed Al Tayer said DEWA has powered Dubai’s growth for decades through high performance and efficiency.
“Now, we rank first globally in 13 key utility performance indicators and two regional benchmarks across generation, transmission, distribution and customer service. Our financial strength provides real strategic freedom through sustained revenue growth, strong margins and significant investing capacity,” said Saeed Mohammed.
He added that DEWA International will develop power and water projects using advanced technologies in partnership with leading organisations worldwide, with work already underway to identify opportunities, build a project pipeline and establish strategic partnerships.
-- BERNAMA