DMCC, Fresh Water Norway MoU aims to bring 1b litres of natural drinking water to Dubai

  • Date: 04-Oct-2022
  • Source: Khaleej Times
  • Sector:Retail
  • Country:UAE
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DMCC, Fresh Water Norway MoU aims to bring 1b litres of natural drinking water to Dubai

The joint venture will explore expanding the water supply chain and bolster water security through the region.

Ahmed bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC.

Published: Tue 4 Oct 2022, 5:46 PM Last updated: Tue 4 Oct 2022, 5:47 PM

DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has signed a memorandum of understanding with Fresh Water Norway that aims to explore expanding the water supply chain and bolster water security through the region.

The collaboration, which stands to support Fresh Water Norway’s UAE foothold and expand its water supply chain through the region, could see a staggering 1 billion litres of pure natural drinking water flow through Dubai every year, over a period of 50 years, is designed to significantly bolster water security – a growing concern across the globe.

The latest announcement is timed to coincide with DMCC’s plans to launch its own water centre – a move triggered in part by concerns at global water insecurity and volatility of supply. Further details are expected to be announced in the coming months.

The MoU is viewed as a core strategic collaboration for both parties. Fresh Water Norway will be able to avail