Al-Bukhaiti and Al-Mansour discuss aspects related to encouraging investment in energy field

The caretaker Minister of Electricity and Energy, Dr. Mohammed Al-Bukhaiti, discussed with the Chairman of the General Investment Authority, Yasser Al-Mansour, aspects related to encouraging investment in the field of electric energy. During the meeting, which included members of the BOT document preparation committee, Anam Al-Shahari, engineer Khaled Abdul-Rab, Al-Bukhaiti and Al-Mansour were briefed on a presentation on the economic models analysis program designed by the United Nations Industrial Development Organization. Dr. Al-Bukhaiti stressed the necessity of benefiting from this program and applying it initially to Ras Katheb station project with a capacity of 90 megawatts, operating with diesel fuel that can be converted into gas, as a practical experience for this program. Dr. Al-Bukhaiti stressed the importance of coordination and integration between the ministries and concerned authorities, especially the General Investment Authority, in providing the appropriate environment for investment in e lectricity projects in accordance with Electricity Law No. (1) of 2009, given the importance of this sector as a locomotive for development and economic advancement. For his part, the Head of the General Investment Authority stressed the authority's role as a facilitator and assistant to government agencies in overcoming all difficulties facing the investment process. He pointed out that the Authority obtained a license from the Industrial Development Organization (UNIDO) to use the economic models analysis program, and at the same time it is keen to train national cadres in government agencies to use it and benefit from it practically