Upcoming Power Project Opportunities Totaling More Than $30 Billion to Be Presented in Cairo
More than 25 power project opportunities in the Middle East and North Africa (MENA) region with values ranging from $42 million to $5 billion will be presented by power sector officials and private sector stakeholders at the MENA Power 2010: A Middle East and North Africa Technology and Projects Forum on May 24-26, 2010 in Cairo, Egypt.
Following the commitment made by President Obama last year in Cairo to support broader economic development in Muslim-majority communities, USTDA's project opportunities include gas-fired combined cycle, cogeneration, solar, wind, hydro and biomass power generation, rural electrification, transmission and distribution upgrades, smart grid technologies, and regional interconnections. Delegations from Egypt, Iraq, Jordan, Lebanon, Libya, Morocco, Tunisia, Turkey, the Palestinian Territories, and Yemen will present their projects during the two-and-a-half-day event organized by the U.S. Trade and Development Agency (USTDA).
"Cooperating with countries in the Middle East and North Africa, the U.S. power sector can help the region meet growing electricity demand," said USTDA Director Leocadia I. Zak. "In addition to helping U.S. firms find real business opportunities internationally, USTDA's MENA Power Forum will promote sustainable development and renewable energy initiatives."
U.S. technology, financing, and service providers will have the opportunity to meet with several senior MENA power sector officials, including the following energy and electricity ministers and senior officials from the region who have confirmed their participation:
-- Dr. Hassan Younes, Minister of Electricity and Energy, Egypt;
-- Dr. Karim W. Hasan, Minister of Electricity, Iraq;
-- Gebran Bassil, Minister of Energy and Water, Lebanon;
-- Amina Benkhadra, Minister of Energy, Mines, Water and the
-- Omar Kittaneh, Minister of Energy and Natural Resources, the
-- Awadh al-Suqatri, Minister of Electricity and Energy, Yemen; and
-- Dr. Abdel Karim Mgeg, Director, Energy Investments and Strategy
The forum is organized in cooperation with the U.S. Commercial Service and the U.S. Department of State. U.S. companies sponsoring the event, include: GE, Honeywell, Mantrac/Caterpillar, SolarReserve, eSolar, Black & Veatch and Marketwire.
Official supporting organizations of MENA POWER 2010 are: AmCham MENA Council, AmCham Jordan, AmCham Egypt, AmCham Lebanon, Turkish-American Business Association, Edison Electric Institute, Alliance to Save Energy; National Association of Regulatory Utility Commissioners (NARUC), Bilateral US-Arab Chamber of Commerce, National U.S.-Arab Chamber of Commerce, and UNESCO.
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