Facing serious water and power shortages by 2012, the UAE is part of a wider regional market that needs at least Dh569.2 billion ($155 billion) in investment over the next 10 years to improve its power generating capacity.
Bahrain will have the same problem by 2013, or three years later than Kuwait, Qatar and Saudi Arabia. The last three countries will have water and power shortages of 35 per cent each by 2010, according to Septech Emirates.
A UAE-based infrastructure specialist, Septech said that the figures were reached after considering the current power capacity across the Middle East and North and South Africa. It also added the projected 24-per cent capacity under construction.
"With the growing population and mega-scale industrial and real-estate developments, demand for power is estimated to rise considerably," it said, stressing that the private sector would invest Dh275.4 billion ($75 billion) in various projects for the next 10 years.
In a statement yesterday, Septech said that UAE authorities have been struggling to ensure that the demand for water and power does not outpace the supply after three years of unprecedented economic and population growth.
It said that the more than 20 countries in the Middle East and North Africa have a combined population of 310 million. It added that the region's labour force would reach 85 million by 2010 because of massive construction projects. Source
Bahrain will have the same problem by 2013, or three years later than Kuwait, Qatar and Saudi Arabia. The last three countries will have water and power shortages of 35 per cent each by 2010, according to Septech Emirates.
A UAE-based infrastructure specialist, Septech said that the figures were reached after considering the current power capacity across the Middle East and North and South Africa. It also added the projected 24-per cent capacity under construction.
"With the growing population and mega-scale industrial and real-estate developments, demand for power is estimated to rise considerably," it said, stressing that the private sector would invest Dh275.4 billion ($75 billion) in various projects for the next 10 years.
In a statement yesterday, Septech said that UAE authorities have been struggling to ensure that the demand for water and power does not outpace the supply after three years of unprecedented economic and population growth.
It said that the more than 20 countries in the Middle East and North Africa have a combined population of 310 million. It added that the region's labour force would reach 85 million by 2010 because of massive construction projects. Source
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