2013's most powerful Indians in energy and industry
Yogesh Mehta, managing director, Petrochem ME --- There was no missing Yogesh Mehta in the past year, with his profile shooting up thanks to a starring role on “The Entrepreneur” reality TV show. He came to Dubai at the age of 29 with no job, no plan and no future. Last year his company took over spectacular new offices in Jumeirah Lakes Towers. Things have turned out pretty well: Petrochem Middle East FZE was established in 1995 in the free zone of Jebel Ali in Dubai and has its own state-of-the-art storage terminal for bulk and drum chemicals. Established as a partnership with Petrochem UK, the company has grown from strength to strength and has become one of the largest independent petrochemical distributors in the Middle East.
After a decade as director-general of the Dubai Land Department, Sultan Butti Bin Mejren says he is acting fast to improve regulation of the real estate industry and ensure it remains a thriving part of the emirate’s economy. He explains why he is adamant investors will keep coming.