With strong private sector and foreign investor engagement, the utilities sector in Abu Dhabi is one of the most enduringly attractive to a wide range of businesses. Despite the economic slowdown of recent years, vital big-ticket projects in areas including nuclear energy, solar energy and desalination are continuing to progress at pace.
The Barakah Nuclear Energy Plant, which is being built by the Emirates Nuclear Energy Corporation (ENEC) 50 km from Ruwais, has four reactors totalling an installed capacity of 5600 MW, and is set to change the face of Abu Dhabi’s power generation.
What are Masdar’s investment priorities in adding suitable types of power to its regional energy mix?
The UAE continues to spend heavily on its military capabilities, while at the same time pushing to expand its domestic defence-related manufacturing industries, as a means both to better protect its own national security and to contribute to diversifying its economy away from oil and gas.
Over the last decade Abu Dhabi has been pushing forward with plans to create a modern aerospace industry, involving the expansion of its portfolio of original equipment manufacturer (OEM) activities, as well as its aircraft maintenance, repair and overhaul (MRO) facilities. Abu Dhabi authorities also continue to invest heavily in aerospace...
While the UAE remains a net importer of military equipment, the federal government has been pushing to reduce its dependency on imports through the development of its own defence manufacturing capability. At the same time an increase in defence spending across the region, linked to multiple ongoing conflicts, is leading many UAE-based defence...
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