The Ras Al Khaimah Free Trade Zone (RAK FTZ) has connected 100 of its newly-built warehouses to the Federal Electricity and Water Authority (FEWA) power grid
According to the trade zone officials, the connection would aid with reducing electricity bills of clients, and ensure smooth and uninterrupted flow of power all year long.
RAK FTZ engineering manager Eyad Ismail said, ?It gives me a great pleasure to announce that RAK FTZ?s new warehouses in Technology Park have been successfully plugged into FEWA?s power grid. We have been able to energise each warehouse ahead of the actual occupancy by clients. The US$2.7mn project underscores our persistence in improving the efficiency of our infrastructure and significantly reducing the costs of running a successful business in RAK FTZ.?
Engineers at the trade zone have designed a rough electrical infrastructure, comprising 11kV cables and substations, which would add 5.4MW to the technology park?s power production capacity. The setup is compliant with FEWA?s and international electrical standards, stated the FTZ officials.
Since a continuous power supply is crucial to the growth of businesses, the FTZ decided to link its warehouses to FEWA?s power grid and avert losses due to blackouts or power outages.
Given the rapid growth of Ras Al Khaimah?s trading and manufacturing industries, the demand for warehouses has gone up. Officials at the RAK FTZ also said that 33 per cent of the 100 warehouses were pre-booked.
