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According to H.H. Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Abu Dhabi is currently creating itself as a world class tourism destination with local, regional and international appeal.
Abu Dhabi's development boom will require significant quantities of extra electricity and water capacity over and above assumptions in previous demand forecasts. Investment projects planned or underway in Abu Dhabi alone total over US$400 billion.
Abu Dhabi has the largest power generation capacity in the UAE, therefore sizeable opportunities are also available as the Emirates is connected to the Emirates National Grid (ENG) and the GCC Power Grid.
According to the Harvard Business Review (1 April 2008), Abu Dhabi has been highlighted as an "emerging centre of economic power". The magazine urges companies to establish operations in the UAE capital as soon as possible. For further information click here.
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Key Facts
- Abu Dhabi is the capital of the United Arab Emirates (UAE)
- Abu Dhabi has the largest population of the seven emirates
- Population is expected to increase by 880,000, bringing the total population to 2,000,000 by the year 2020
- Abu Dhabi has the largest power generation capacity in the UAE
- Abu Dhabi is the richest city in the world
- Major investment projects include; airport development, road infrastructure, industrial parks, shopping centres, hotels and sports infrastructure
- Electricity demand is currently growing in Abu Dhabi at the rate of 7% per annum
- System peak load requirements are expected to grow by almost 200% by 2020
- Abu Dhabi requires an extra 2,000MW of power each year for the next 15 years to satisfy demand
- Peak water demand in Abu Dhabi will increase by over 50% by 2020
Industry News
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