Aren’t the Middle East and North Africa (MENA) too unstable for long-term investments?
In several states of the MENA region, the domestic political stability is endangered by political stagnation. Nevertheless, a number of countries are making significant improvements in terms of domestic and foreign political stability. The DESERTEC Foundation tries to support the nations in the region in this process of development by helping to establish an advanced economy which is based on technology, and create employment opportunities in the industrial sector. The plans put forward by DESERTEC would contribute towards this stabilization through development in the national economies and societies described. Despite possible security concerns, high international investments in the oil sector are still made in these countries. The MENA countries could also participate in the investments in solar and wind energy plants and hence develop a reinforced interest to keep these plants in operation.
