Saudi Arabia among most attractive cleantech markets in MENA

Saudi Arabia among most attractive cleantech markets in MENA
Updated 06 July 2012
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Saudi Arabia among most attractive cleantech markets in MENA

Saudi Arabia among most attractive cleantech markets in MENA

DOHA: Saudi Arabia, The United Arab Emirates (UAE), Qatar and Jordan are the most attractive markets for clean technologies, said Ernst & Young's 2012 Middle East and North Africa (MENA) Cleantech Survey Report.
Saudi Arabia, the UAE and Qatar are at the top of the attractive markets list, according to the respondents, due to their government plans, budgets and long-term strategies.
These countries have also demonstrated investments in large initiatives such as KACARE, Masdar and the ’Green’ FIFA World Cup 2022. Although Jordan has limited financial resources, a new law was issued on renewable energy, which may help create new jobs by increasing local content requirements for investments in renewable energy, the report said.