Major challenge await GCC's utilities companies | The National:
"GCC countries will need an extra 290 million gallons of water and 80,000 megawatts of power per day by 2015 to meet demand from an increasing population and new infrastructure projects.
The estimates are from regional utilities companies, and will be among the issues raised during a conference of Middle Eastern government authorities and private sector companies this month.
“As the region explores ways of supplying the high demand for both power and water, private utilities companies in the region are faced with a major challenge – obtaining finance and funds for new projects,” said Richard Menezes, managing director of Utico Middle East."
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