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26 May 2024

NEEI hunts for CleanTech firms

By Staff Writer

New Enterprise East Investments (NEEI), a Luxembourg-registered investment company, yesterday announced the establishment of the Centre for Water and Waste Management Technologies (CWaMa) at its Abu Dhabi headquarters.

CWaMa is a first-of-its-kind regional centre where companies with products and services related to the latest technologies for water and waste management, as well as university academics and researchers in the field, will be gathering for the Mena countries' water and waste management needs.

Dr Hamid Najafi, NEEI's Director tasked with the development of CWaMa, said: "This centre is recruiting best of CleanTech companies and environmental researchers from Europe, Japan, the US and the rest of the world, to 'set up shop'.

"The enterprises we invite will not only locate their regional business development and sales support activities, but they will also become a focal point for research and development, both at the centre and universities."