DUBAI- The Dubai Electricity and Water Authority signed on Wednesday with United Arab Emirates-based company Utico a 35-year water purchase and shareholding agreement for a desalination plant, Dubai government's media office said on its website.
The project, in Hassyan, south of Dubai, is expected to be completed by March 2024 at a cost 1.5 billion dirhams ($410 million), it said.
(Reporting by Maher Chmaytelli; Editing by Catherine Evans) ((maher.chmaytelli@thomsonreuters.com;))
