UAE

UAE’s RAK Plans Privately Financed Desalination

Ras al-Khaimah (RAK) based private utility Utico and Spain’s Grupo Cobra plan a Dh719mn ($196mn) desalination plant at Al-Hamra. The 60:40 JV partners say theirs will be the world’s largest privately financed desalination plant, with capacity to desalinate 100,000 m3/day of water and store 450,000 m3. Construction will begin next month, with first desalination scheduled for June 2017 and full-scale operation in 2018....