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Dubai
Hotels and Resorts Resources, Information, Photos and Rates
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Abu Dhabi Travel Tips and City Facts - UAE
Here
you will find a most important informations
about
Abu Dhabi United Arab Emirates |
Alphabetical Listing of United Arab
Emirates Travel Tips
| Abu
Dhabi Water and Electric Authority |
In early 1996, the Privatization Committee
for the Water & Electricity Sector (PCWES)
was formed. In addition to restructuring the
industry, the Privatization of the Water &
Electricity Sector of Abu Dhabi was to accomplish
the following principle goals and objectives:
- To provide
secure, safe, and reliable supplies of
water and electricity;
- To recover
lost economic efficiencies;
- To improve
customer services and reduce costs to
consumers;
- To encourage
private sector investment;
- To develop
employment opportunities for UAE nationals;
and
- To maximize
returns from the sale of existing government
owned assets.
The Privatization
Committee’s activities involved the
extensive use of consultants to prepare
recommendations for the restructuring of
the existing sector, formulate plans for
the implementation of the privatization
activities, and recommend legislation to
accomplish the legal aspects of the privatization
of the sector.
Following
nearly two years of effort by the Privatization
Committee, the Government of the Emirate
of Abu Dhabi approved legislation (Law No.
2 of 1998), establishing the Abu Dhabi Water
& Electricity Authority (ADWEA). By
virtue of an Emiri Decree issued at the
same time, the Board of Management of ADWEA
was formed under the chairmanship of H.H.
Sheikh Diab bin Zayed Al Nahyan.
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