Major challenges faced in the Middle East water and power industries, and the opportunities for investment created in overcoming them came under the spotlight on the opening day of a forum in Dubai.

The CWC Group’s second Arabian Water and Power Forum will conclude tomorrow (September 24) at the Address Hotel.

The Arabian Water & Power Forum addresses two crucial issues shaping Middle East economic development – power and water. The forum is attended by central policy makers, government figures and investors to discuss ways to optimise demand and supply management for sustainable growth.

“It is an honour to be graced with the presence of dignitaries of the weight, calibre and decision-making power that we saw today on the first day of the second Arabian & Water Forum,” said Frederic Ponton, director Government Relations Middle East, CWC Group.

“Water and power are crucial elements in sustainable development for the region, and present major strategic concerns. We are delighted that the UAE government, in its foresight and wisdom, not only recognises this but is taking concrete steps to address issues and share ideas at high quality events such as the Arabian and Water Forum.”

Aside from detailed solution-based discussions and ways to overcome challenges of effective water and electricity, the first day of the Forum also had an afternoon devoted to the subject of Renewable Energy within the Middle East, supported by the Middle East Solar Industry Association (MESIA).

Renewable energy is being considered as an alternative method of generating power across the Middle East as advancements in new technological are continually being made.

“We have had a very strong opening, and in the first day have already created momentum towards the regional goal of agreeing upon a sustainable power and water consumption and generation matrix that takes into account regional variables,” Ponton added.

“Tomorrow will see continuing target-based discussions that look at water and power generation through new projects, thereby creating opportunities for our delegates to stay ahead of market movement while also looking at ways to shape demand in sustainable fashion.” – TradeArabia News Service