Austrian firm invests in RAK biotech hub to support green hydrogen push – ArabianBusiness.com

  • Date: 08-Feb-2022
  • Source: Arabian Business
  • Sector:Oil & Gas
  • Country:Middle East
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Austrian firm invests in RAK biotech hub to support green hydrogen push – ArabianBusiness.com

An Austrian company is investing in a green biotechnology facility in Ras al Khaimah to support green hydrogen production and fish farming.

San Group has chosen Ras Al Khaimah Economic Zone (RAKEZ) as the platform for its green hydrogen and farming subsidiary San Enertech, a statement said.

The company will construct a sustainable hydrogen production unit and fish farming plant on a land plot in RAKEZ Al Hamra Industrial Zone.