DEWA strengthens ties with Spanish Secretariat for Trade

DUBAI, Saeed Mohammed Al Tayer, Managing Director and CEO of the Dubai Electricity and Water Authority, DEWA, welcomed a high-level Spanish delegation headed by Don Jose Luis Kaiser, Director-General of International Trade and Investments at the Spanish Secretariat for Trade.

The visit aimed to strengthen cooperation, exchange best international practices and expertise, and support joint work of the two organisations.

DEWA staff attending the meeting included Waleed Salman, Executive Vice President of Business Development and Excellence, and Marwan bin Haider, Executive Vice President of Innovation and the Future.

Al Tayer welcomed the visiting delegation and explained the importance of fruitful cooperation between the two parties. He stressed DEWA’s intent to cooperate with Spanish organisations and entities, and expand partnerships and investment opportunities in clean energy.

Al Tayer reviewed DEWA’s programmes, plans, and projects that aim to achieve the vision of the wise leadership, enhance the UAE’s global leadership and improve performance, productivity, and quality of services. He noted that DEWA’s strategies are aligned with the UAE Centennial 2071, UAE Vision 2021 and the Dubai Plan 2021, to secure a happy and sustainable future and support the UAE in reaching first place in all areas. He also explained the details of the Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest single-site solar power project, with an overall investment of AED50 billion and a production capacity of 5,000MW, to be met by 2030.

He went on to say that DEWA has adopted the Independent Power Producer, IPP, model to enhance public-private partnerships and achieve the lowest prices for electricity in the world. Dubai has also established a strong regulatory framework, represented by the Regulatory and Supervisory Bureau, RSB, in Dubai to encourage private sector investments.

Al Tayer also highlighted that DEWA continuously works to upgrade its services to form a distinctive model to meet all the requirements for development in Dubai. DEWA provides electricity and water services, in accordance with the highest international standards in availability, reliability and efficiency to achieve the happiness of all customers and stakeholders.

The Spanish delegation commended DEWA’s efforts, especially in clean energy, and expressed interest in strengthening cooperation to increase trade and investment opportunities, as well as promote bilateral relations.

Source: Emirates News Agency