Dubai Electricity and Water Authority (Dewa) is showcasing its key projects and initiatives at the Annual Investment Meeting (AIM 2019) being held in Dubai.

The AIM 2019, a major event being organised by the Ministry of Economy, kicked off today (April 8) at the Dubai World Trade Centre and will run until April 10.

During the AIM, Dewa will highlight its robust infrastructure, as part of its strategy to support the vision of the wise leadership in making the UAE a key centre for global economy, and strengthen Dubai’s position as a preferred destination for investors.

It will also be promoting its Independent Power Producer (IPP) projects such as the Dh50 billion ($13.6 billion)
Mohammed bin Rashid Al Maktoum Solar Park, the world's largest solar power project with a capacity of 5,000 megawatts by 2030.

"The UAE has become the world's preferred investment destination, thanks to the vision of the wise leadership that provides all the necessary facilities for investors in a legislative environment that attracts investments," remarked Saeed Mohammed Al Tayer, MD and CEO of Dewa.

"In Dubai, we work in line with the directives of the wise leadership to provide a robust infrastructure for electricity and water to enhance the business environment. The UAE, represented by Dewa, came first for the second consecutive year for getting electricity, as per the World Bank’s Doing Business 2019 report," remarked Al Tayer.

"The Eight Principles of governance in Dubai, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, show that Dubai is a global hub that focuses on creating economic opportunities," he stated.

"Dubai’s growth is driven by three factors: a credible, resilient and excellent government; an active, fair and open private sector; and public and government-owned flagship companies that compete globally and move the economy locally. Since its inception, the Mohammed bin Rashid Al Maktoum Solar Park’s projects have received considerable attention from global developers," stated Al Tayer.

At its stand, Dewa has a model of the Green Charger for electric vehicles on display. The Dubai utility had built over 200 green chargers across Dubai. It also features a model of its new headquarters named Al Sheraa, which will be the tallest, largest, and smartest government net-zero-energy building in the world.

Dewa is also highlighting its Shams Dubai initiative to connect solar panels on buildings to the electricity grid. So far, the company has connected 1,267 sites with a total capacity of 81.3MW.

The AIM is expected to attract over 20,000 visitors, 150 delegates, and 450 exhibitors from 150 countries around the world.-TradeArabia News Service