Vision
Our vision is to be among the top preferred end to end total solution providers and integrators for investment in Sustainable Power Generation, Waste to energy & infrastructure Projects in the MENA Region delivering the highest value to our stakeholders through strategic alliances with key business partners along with the value chain network.
Today
COMATEC is at a crossroad facing client and market challenges in the existing structure. The development of the sector the organization is working in, is one of the fastest growing industries globally.
The known development did demand actions from COMATEC management to take the part of the growing regional markets in innovative new technologies in power generation & WtE technologies which fall part of the Strategic Objectives and Business Plans.
An expansion plan was worked out horizontal in the other sectors & vertical in the same sector.
In the expansion plan the company strategy is coherently formulated in manageable actions throughout COMATEC’s various functions in order to facilitate contribution to the strategy.
Tomorrow
COMATEC Power Generation
- Developing a small Hydropower Plant of 2 MW capacity.
- Partnership Agreement of Hydropower Plant of 40 MW capacity.
- Partnership Agreement of Hydropower plant of 157 MW capacity.
- Cooperation Agreements with a potential EPC contractor.
- Commitment for Finance of Equity (25%) of the total project value which is equal to USD 372 Million.
- Partnership Agreement to develop BIOMASS Thermal Power Plant.
- Negotiating partnering with sponsors to develop GTL “Gas to Liquid” Refinery in Canada.
- MOU is signed & Final Agreement is in the process to develop Wind Energy Plants in Brazil in.
- Partnership Agreement is signed to develop Kinetic Power Plants “KPP” in Kurdistan of Iraq.
- Partnering in a consortium to develop Wheat Silos in Palestine with KPP + WtE plants.
