UAE Business: Mena Power Projects Forum to focus on $250bn worth of projects – Gulf Digital News

  • Date: 18-Jul-2022
  • Source: Gulf Digital News
  • Sector:Real Estate
  • Country:UAE
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UAE Business: Mena Power Projects Forum to focus on $250bn worth of projects – Gulf Digital News

The Middle East and North Africa (Mena) sees $250 billion investment in power projects between 2021 and 2025, as regional and global power and utility providers gear up to secure more business at the Mena Power Projects Forum 2022.

The event will take place from September 7 to 8, 2022, at Conrad Abu Dhabi Etihad Towers Hotel, Abu Dhabi, UAE.

The combined committed and planned investments in the Mena power sector will exceed a total of $250 billion including $93 billion committed and $157 billion planned, according to a report by Arab Petroleum Investments Corporation (Apicorp). It is the highest of all energy sectors.

$60bn in power projects in Saudi Arabia

Of these, nearly $60 billion worth of power projects are being developed in Saudi Arabia, followed by Egypt where $37 billion worth of power projects, country-wise data shows. In terms of project value, the UAE comes third with $26 billion worth of power projects under planning and development.

More than 300 delegates including senior government officials, project owners, project management professionals, project developers, contractors, sub-contractors, technology providers, utility suppliers, industry experts and key stakeholders will participate at the Mena Power Projects Forum that will highlight the business opportunity in the power and utilities sector.

Delegates