Austrian SAN Group to Invest AED 12 Million in a Green Biotechnology Facility in Ras Al Khaimah

Austrian SAN Group to Invest AED 12 Million in a Green Biotechnology Facility in Ras Al Khaimah

Ras Al Khaimah, United Arab Emirates The Austrian SAN Group has chosen Ras Al Khaimah Economic Zone (RAKEZ) as the platform for its green hydrogen and farming subsidiary SAN Enertech. The company will construct a fully integrated sustainable hydrogen production unit, plant, and fish farming on a land plot of 8,470 m2 in RAKEZ Al Hamra Industrial Zone with an investment of AED 12 million. This biotech facility will consist of a research centre, laboratory, desalination plant, green house as well as hydroponic and aquaponic indoor systems. It will generate energy through…