Dubai: Mr. Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), has welcomed Mr. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, in order to discuss ways to enhance cooperation between the two entities.
The meeting was aimed at supporting the mutual goals of DEWA and Dubai Chambers to enhance cooperation towards sustainable economic development. Furthermore, the meeting aimed to exchange expertise in various aspects of excellence, innovation, and sustainability and highlight DEWA’s best practices and experiences, supporting Dubai Chambers’ efforts to develop the business environment through innovative business solutions.
Mr. Al Tayer commented that DEWA is committed to developing and enhancing its strategic relationships with various government departments and organisations. The goal is to foster collaboration and achieve the desired integration of all government entities in the UAE.
The CEO highlighted DEWA’s support for the Dubai 2040 Urban Master Plan, which aims to foster greater economic activity and attract foreign investments to new sectors. Additionally, Mr. Al Tayer reaffirmed DEWA’s commitment to providing full support and expertise to ensure the successful implementation of the plan.
The CEO further highlighted DEWA’s Independent Power and Water Producer (IPWP) model, which encourages foreign investments. This model has successfully attracted international investors and promoted sustainable development in the energy sector.
Mr. Lootah expressed his appreciation for DEWA’s instrumental role in providing advanced and sustainable infrastructure that aligns with the needs of Dubai’s dynamic business community. According to Mr. Lootah, Dubai Chambers’ ongoing cooperation with DEWA contributes to enhancing the Emirate’s favourable business environment and attracting foreign direct investment, in accordance with the ambitions of the Dubai Economic Agenda (D33) and the Chambers’ strategic priorities.