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UAE’s first nuclear energy plant takes next step

ENEC CEO announces $1.7 billion in contracts to Emirati companies

: Tuesday, April 29 - 2014 @ 13:00

The role of the UAE’s nuclear energy programme in enabling business opportunities for UAE companies was discussed by Mohamed Al Hammadi, CEO of the Emirates Nuclear Energy Corporation (ENEC), at the Abu Dhabi Quality Forum yesterday (Sunday, April 27).

Speaking as part of a panel discussion, entitled: Quality Through Innovation and Leadership, Al Hammadi explained how ENEC has helped UAE companies to raise their quality standards to nuclear-quality standards, offering Emirati companies the opportunity to contribute to its programme and gain a unique competitive advantage to provide nuclear-quality services and materials to the world.

“We now have more than 1,000 UAE companies involved in our programme, having successfully secured contracts totalling $1.7 billion for a range of products and services to support the construction of the UAE’s first nuclear energy plant,” he says.

Contracts with local companies have been awarded over the past two years through joint collaboration between the ENEC, the organisation responsible for the construction and operation of the UAE’s four nuclear energy plants, and the Korea Electric Power Corporation (KEPCO), ENEC’s prime contractor. Other companies include DESCON Engineering, Bin Asheer, National Marine Dredging Company, The Western Bainoona Group, Emirates Steel and DUCAB.

According to the Al Gharbia Investment Road Map, which was established by the Western Region Development Council, the emerging nuclear energy sector will ultimately contribute AED62 billion in capital to the Western Region alone.

In addition to delivering direct economic benefits to the UAE’s nuclear energy industry, it will also have a positive impact on the quality and safety standards of other industries across the country.

The nuclear energy industry has some of the most stringent quality assurance and safety standards in the world. UAE companies must meet these strict quality standards in order to tender for any contract related to the UAE nuclear energy programme. The ENEC has set up a dedicated industrial development team to help local companies develop and implement these standards.

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Tuesday, April 29- 2014 @ 13:00 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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