UAE to build $900m desalination plant with Saudi Arabia’s ACWA Power

A desalination plant in Dubai. The new plant planned for Umm Al-Quwain will be the largest in the UAE's northern Emirates. (Shutterstock)
Updated 11 July 2019

UAE to build $900m desalination plant with Saudi Arabia’s ACWA Power

  • Plant in Umm Al-Quwain will produce 150 million gallons of water per day
  • The UAE's Federal Electricity and Water Authority and MDC Power Holding Company

DUBAI: The UAE has struck a deal with a consortium of companies including Saudi Arabia's ACWA Power to build a $900 million desalination plant.

The facility will be located in the northern emirate of Umm Al-Quwain to meet the growing demand for water in the region.

The UAE's Federal Electricity and Water Authority (FEWA) agreed the deal with ACWA Power and MDC Power Holding Company, a subsidiary of Abu Dhabi's Mubadala Investment Company, a joint statement said Tuesday.

FEWA will hold a 20 percent stake while ACWA Power and Mubadala will each own 40 percent

The government of Umm Al-Quwain will join as a partner in the project and will own a stake at a later date.

Construction on the 150 million gallons per day plant will start later this year, with initial water production scheduled in 2021.

The project is FEWA's first asset in partnership with the private sector and will reinforce the UAE's water security strategy, Suhail Al-Mazrouei, UAE minister of Energy and  Industry and chairman of FEWA said.

Once commissioned, the plant will be the largest desalination project in the northern Emirates.

* with Reuters


Saudi Arabia’s Red Sea mega project awards contracts for international airport

Updated 13 July 2020

Saudi Arabia’s Red Sea mega project awards contracts for international airport

  • Saudi Arabia plans to develop resorts on 50 islands off the Red Sea coast, offering a nature reserve, coral reef diving and heritage sites
  • Red Sea Development Co, backed by Saudi Arabia’s sovereign fund, the Public Investment Fund (PIF), plans to build the first phase by 2022

RIYADH: Saudi Arabia’s Red Sea Development Company said on Monday it had awarded infrastructure contracts for an international airport that is due to open in 2022.
The company, which is developing a huge Red Sea tourism project, said the contracts were awarded to Nesma & Partners Contracting Co. Ltd. and Almabani General Contractors.
Saudi Arabia plans to develop resorts on 50 islands off the Red Sea coast, offering a nature reserve, coral reef diving and heritage sites.
Red Sea Development Co, backed by Saudi Arabia’s sovereign fund, the Public Investment Fund (PIF), plans to build the first phase by 2022. It aims to attract 300,000 tourists a year in the first phase and 800,000 to 1 million once the development is complete.
Red Sea is one of three major projects backed by PIF, along with the $500 billion NEOM economic zone and the Qiddiya entertainment project.
Saudi Arabia’s NEOM, which is building a $500 billion mega economic zone, said last week it had signed an agreement with Air Products and Saudi Arabia’s ACWA Power for a $5 billion green hydrogen-based ammonia production facility.