PROJECTS: ALEC signs partnership with Norwegian firms for aquaculture, water treatment and filtration projects

ALEC Engineering and Contracting (ALEC), part of the Investment Corporation of Dubai (ICD), has signed an exclusive strategic partnership with Norwegian firms MAT Filtration Technologies and MAT-KULING for land-based aquaculture, water treatment projects and filtration projects in the United Arab Emirates and Saudi Arabia.

 

The company said in a statement that the partnership will provide turnkey solutions for the region’s upcoming megaprojects supporting food security through the development of fisheries, which will utilise MAT-KULING’s Recirculating Aquaculture Systems (RAS), which are especially designed to require less fresh water, while retaining a healthy environment for the fish.

 

ALEC's CEO Kez Taylor said the partnership will also look at water treatment projects and integrated filtration systems in the future by leveraging MAT-KULING's portfolio of technological solutions.

 

Quoting RAS Tech Magazine, the statement said Abu Dhabi Catalyst Partners recently closed a round of funding with 8F Asset Management’s land-based aquaculture fund, which also owns Pure Salmon and has multiple RAS projects in Europe, Japan and the United States. In Saudi, NEOM is planning a fish farm with Tabuk Fish Company, which is anticipated to have a production capacity of 70 million eggs, making it the biggest hatchery in the MENA region upon completion.

 

(Writing by N Madhura; Editing by Anoop Menon)