French energy firm vies for preferred bidder status

31/01/2009 - Dubai Investment News
French energy firm vies for preferred bidder status
The French energy firm Areva Transmission and Distribution is in the Middle East to promote its ambition of becoming the preferred bidder on the UAE's first nuclear power project.

Areva has ramped up its activities in the region substantially and has won a host of new contracts worth AED5.28 billion and increased its regional workforce by 40 per cent.

Speaking to Gulf News, Philippe Guillemot, chairman and chief executive of the company, said: "We went from being very small to having a fulltime presence and being a leader in this market in 2007. Our strategy is to continue to grow and to expand as the market is growing in the region."

He added that the organisation's current involvement in the development of two third-generation nuclear power plants will give the company a distinct advantage over its competitors when the UAE's civil nuclear energy programme gets underway.

Yousef Otaiba, the emirates' ambassador to the US, said at the end of last year that agreements made with America to evaluate the feasibility of a nuclear project would become the gold standard of transparent cooperation frameworks.ADNFCR-2019-ID-19001680-ADNFCR