Dubai Authority Weighs Developer Expansion

  • Date: 19-May-2024
  • Source: Arabian Post
  • Sector:Oil & Gas
  • Country:UAE
  • Who else needs to know?

Dubai Authority Weighs Developer Expansion

Arabian Post -The Dubai Electricity and Water Authority (DEWA) is considering expanding its scope by taking on a developer role. This potential move comes as the authority looks to diversify its operations and contribute more significantly to Dubai’s ambitious infrastructure goals. DEWA, currently responsible for Dubai’s electricity and water supply, has a proven track record of managing large-scale projects. The authority’s successful implementation of various renewable energy initiatives has […]

via Dubai Authority Weighs Developer ExpansionArabian Post -

The Dubai Electricity and Water Authority (DEWA) is considering expanding its scope by taking on a developer role. This potential move comes as the authority looks to diversify its operations and contribute more significantly to Dubai’s ambitious infrastructure goals.

DEWA, currently responsible for Dubai’s electricity and water supply, has a proven track record of managing large-scale projects. The authority’s successful implementation of various renewable energy initiatives has positioned it as a leader in sustainable development within the region. Capitalizing on this expertise, DEWA is now exploring opportunities to directly participate in developing key infrastructure projects.

Analysts believe DEWA’s entry into the development field could have a significant impact on Dubai’s real estate landscape. The authority’s financial strength and experience in managing complex projects could