All eyes on the Middle East: Investment opportunities in the Middle East abound as the region strives to keep up with rapidly growing demand. But can this growth be sustained

摘要

One need only take a glance at PEi's news pages - on-line and in print -to realise that the electricity sector in the Middle East is booming. Each month, several key project contracts are signed and sealed in the power generation and the transmission and distribution sectors. The frantic pace of growth in the region's power and energy sector shows no sign of letting up. Rapid population growth, economic development and energy subsidies are driving demand for both energy and water. This, coupled with the fact that the region holds a large proportion of the world's proven oil and gas reserves, has caught the attention of the world's energy industry, says the International Energy Agency in its World Energy Outlook 2005.