FINANCIAL NEWS

Ras Al-Khaimah allocates USD450 m for utility projects

05 Nov 2013

(MENAFN) Ras Al-Khaimah announced its plan to improve the emirate’s utility infrastructure and allocate USD450 million for utility projects, according to Arab News.

Two utility projects will be up for bidding in the emirate to achieve its goal in covering the need to developed infrastructure.

One of the projects will be for solar power, and aims to supply 20 megawatt. The other project will be water, and aims to supply 22 million gallons of water daily.

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