WaterMicronWorld, Ltd plans to introduce their newly patented water generation Flow Innovation Technology, with a Regional Head Office and light assembly facilities intended within the UAE.

Dubai, Thursday 24th April 2014: WaterMicronWorld (WMW) is delighted to announce the signing a JV Agreement with UAE based MAZ Gulf FZE, the consulting division of UK based Pan Gulf Capital Limited. It is proposed the new JV Company will be based in the Jebel Ali Free Zone. Initially to sell their new water generation Flow Innovation Technology plants, with plans to later expand operations to include local plant assembly and service center support operations.

WMW has developed the latest cutting edge technology in water generation, which is set to revolutionize the water generation industry of AWG, and can now produce Pure Drinking Water without "Humidity".

WMW has already signed a multi-million dollar order with PETRONAS, and has held initial discussions with several clients around the world, including setting up a water generation plant to supply water to Tanjong Agas Oil & Gas project in Malaysia, replenishing the dwelling water supplies across the State of Texas, and to the Qattara Depression in Egypt, and with a large scale property developer in Pakistan to provide water for their new development of 250 villas in addition to the community areas.

It's a home-grown technology that many say could be bigger than Biofuels. It has the potential to be the next "billion dollar industry"....

During a reception to celebrate signing the JV Agreement at a local hotel in Dubai yesterday Francisco Rodriguez President of Water Micron World explained, "Currently the GCC has the lowest recoverable fresh water resource in the MEA Region, with only 3 cu per km. At The Earth Summit 2012 in Rio special attention was drawn to the fact that by 2025 water shortages will be most prevalent, where resources are already limited, and experiencing rapid population expansion such as in the Middle East and parts of Africa. With the introduction of this new technology, with a water generation cost of $1.03 per cubic meter, we are in a position to provide a cost effective solution to help combat the growing water shortage across the Region".

"The fundamental point to stress in relation to our technology is that we actually generate water, unlike desalination and reverse osmosis plants that require a water source. I spent 3 days walking around WETEX last week, and while I came across a number of companies promoting desalination and reserve osmosis plants, not one company participating at the exhibition was able to offer anything remotely similar to our new FIT water generation plants." stated Rodriguez. 

Also speaking on the occasion Miran Ellahee CEO of MAZ Gulf FZE further revealed "the business and revenue potential is huge, from setting up a large scale water generation plant producing millions of liters per day with Government support to increase water capacity to the current water supply. Or imagine working with master developers to provide an eco friendly and green alternative, generating water supply for the new developments without putting an additional stress on current supplies. Our technology provides us the ability to be flexible in providing water generating systems starting from 10,000 liters a day capacity, all the way up to large scale water generation plants producing millions of liters a day. The opportunities are endless", he concluded.

For further details contact: marketing@pangulfcapital.com

© Press Release 2014