VOL. XLII

No. 14

5-April-1999

UAE

Abu Dhabi Reorganizes Power And Water Companies Prior ToPrivatization

The emirate of Abu Dhabi is taking measures to privatize itspower and water sector by bringing 11 companies under the umbrella of the newAbu Dhabi Water and Electricity Authority (Adwea), thereby bringing about theclosure of the Water and Electricity Department. The 11 companies have since 1January been operating commercially with separate budgets. Ultimately the AbuDhabi Government intends to...