The UAE investors are looking for possibilities to invest in hydro power venture, said the UAE Ambassador Jassim Mohammad Al - Qasimi on July 22, during a press conference. 

The potential investors have already arrived to Armenia and prepare assessments for the implementation of new projects. The country's deputy finance minister Haji Al- Khouri, in his turn, noted that the renewable energy is one of the priorities for the UAE government. According to him ,  the country has developed a strategy for transition to new energy sources after the oil consumption.