Our Vision
Our Vision
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Middle East, North Africa and South East Asian countries are among the fastest growing economies and we are proud to be a part of their growth story.
Middle East, North Africa and South East Asian countries are among the fastest growing economies and we are proud to be a part of their growth story.
We are currently focused on MENA region, particularly Morocco, Egypt, Jordan, the United Arab Emirates, Pakistan and India, where rapid economic upturn and urbanization piles more pressure on existing power supply installations, and governments are investing heavily to add new capacities, with coal gradually coming up as a viable option.
We are currently focused on MENA region, particularly Morocco, Egypt, Jordan, the United Arab Emirates, Pakistan and India, where rapid economic upturn and urbanization piles more pressure on existing power supply installations, and governments are investing heavily to add new capacities, with coal gradually coming up as a viable option.
Coal-fired power plants, being constructed in UAE, Egypt, Morocco, as well as existing cement capacities, will remain key drivers of coal consumption increase in MENA region in the near future. Imports in Egypt are expected to exceed 12 mtpa by 2030, driven by continued upsurge in the cement industry and by new demand from the power sector. Morocco's thermal coal imports are expected to rise from 9 mtpa in 2019 to about 11 mtpa by the early 2020s.
Coal-fired power plants, being constructed in UAE, Egypt, Morocco, as well as existing cement capacities, will remain key drivers of coal consumption increase in MENA region in the near future. Imports in Egypt are expected to exceed 12 mtpa by 2030, driven by continued upsurge in the cement industry and by new demand from the power sector. Morocco's thermal coal imports are expected to rise from 9 mtpa in 2019 to about 11 mtpa by the early 2020s.
Davada DMCC is well positioned to tap into the demand and ramp up its seaborne trading volumes in 2020 and onward. Sustainable growth of the company will be supported by fine-tuning of the strategy based on consistent inhouse market research and analysis.
Davada DMCC is well positioned to tap into the demand and ramp up its seaborne trading volumes in 2020 and onward. Sustainable growth of the company will be supported by fine-tuning of the strategy based on consistent inhouse market research and analysis.
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