Nuclear Energy Insider: Saudi Arabia, UAE, Turkey and South Africa Announce $300 Billion of New Construction Projects at Annual Meeting
MENA and African nations including Saudi Arabia, UAE, Jordan, Egypt, Turkey and South Africa are pushing forward new nuclear construction projects that offer global engineering firms over $300 billion of new contracts from 2012.
(PRWEB) August 11, 2012
The 3rd Annual MENA Nuclear Construction Conference takes place in Dubai on the 25-26 September and is the only meeting that will bring together key buyers from each nation to build their $multi-billion supply chains.
The MENA nuclear construction market has boomed since 2009 when KEPCO secured the Middle East´s first tender for 4 new units to be constructed in the United Arab Emirates at a cost of $20bn. UAE nuclear utility ENEC have since confirmed a further 12 units are required to fulfill their energy needs; generating over $60 billion in new contracts over the next decade.
2010 saw the Jordan Atomic Energy Commission announce a single 1000MW unit to be constructed at Majdal, Mafraq Province in central Jordan. After selecting Worley Parsons as an engineering consultant, French firm AREVA and Russian owned Rosatom have been shortlisted to construct the plant.
Earlier this year South African utility Eskom confirmed their plans to move forward with a 1200MW nuclear new build program. Since shelving developments back in 2008, the project is now in the planning stages and tenders are expected be announced from the end of 2012.
One of the most dynamic projects has been Saudi Arabia´s King Abdullah City of Atomic and Renewable Energy (KA CARE) nuclear program. The vision is to build an entire city that produces zero CO2 emissions by using an energy mix of nuclear power and other renewable sources. This complex and sizeable endeavor is by far the region´s largest; with an estimated budget of over $250 Billion. Supported by Saudi Arabia´s wealth and vast oil reserves, paying for this ambitious project is no problem — however building a new power plant in the Middle East comes with unique challenges that can only be met with international expertise.
Due to the complexities of nuclear construction, regional and global utilities are attending the 3rd Annual MENA Nuclear Construction Conference, hosted in Dubai on the 25-26 September. Dozens of utility representatives will hear from EPC and technology providers including KEPCO, Shaw, Worley Parsons, Rosatom, n.triple.a and Parsons to find the best way to deliver their plants on time and on budget.
If companies are looking to take advantage of the global nuclear renaissance, this is the only region where $multi-billion nuclear projects require a fully external supply chain to complete new build programs in the most challenging conditions — and this is the only annual meeting point where this exclusive industry connects.
For exclusive discounts, full agenda and detailed speaker line up download the conference brochure here: nuclearenergyinsider.com/mena/conference-event-brochure.php
For more information contact:
Head of Sector
Nuclear Energy Insider
44 (0) 207 375 7176
tangell (at) nuclearenergyinsider (dot) com
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/8/prweb9785682.htm