Lootah Holding signs JV with Batta Technologies

 

Lootah Holding signs JV with Batta Technologies

Published: Tue 29 Aug 2017, 4:07 PM

Last updated: Wed 30 Aug 2017, 8:32 AM

Lootah Holding has signed a joint venture with Batta Technologies to establish a new entity, Lootah Batta Water and Environment.
The joint venture will result in providing sustainable solutions and advanced products that will reinforce the UAE's position as a leader in environmental management and sustainability.
Lootah Batta Water and Environment will provide comprehensive solutions in various water and environmental areas, including; water and waste water management, as well as a wide portfolio of filters for onsite and mobile contaminated water treatment, proprietary microfiltration, ultrafiltration, and advanced sewage treatment plants. In addition, the integration of Internet of Things (IoT) technologies to water body management will result in solutions that are more sustainable and cost-effective.
Saleh Abdullah Lootah, executive director of Lootah Holding, said: "This partnership highlights our commitment towards the '10x' initiative, Dubai's roadmap for the next 10 years as envisioned by His Highness Sheikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. By joining forces with Batta Technologies to create this new entity we can deliver advanced solutions, which are sustainable in using water, a most precious resource."
Based on a study conducted by Lootah Batta Water and Environment, only 34 per cent of treated wastewater is sold, recycled or used for irrigation, which gives the company a real opportunity in the market. Also, residents and businesses in the UAE consume 550 litres of water per capita, whilst the average international water consumption is 170-300 litres per day. The implementation of sustainable management solutions can lower the costs associated with high volumes of hazardous and trade wastewater that are generated by ports, marinas, facility managers and industries.
Neeraj K. Batta, VP of Batta Technologies, added: "This joint venture also meets the goals of both the Dubai Future Accelerator and Dubai Municipality, who encourage innovative technology companies and government organizations that provide transformational solutions in all sectors. It is also in line with the Smart Dubai initiative and Smart District Guidelines that aim towards making Dubai the happiest city on Earth."
- business@khaleejtimes.com
 

By Staff Report

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