Tanqia: Best Sustainable Growth Strategy Middle East 2021

Tanqia serves a vital need in the UAE, where underground aquifers show falling outputs and rising salinity. At the current pace of water use — without factoring in population or industry growth — the UAE is likely to become one of 10 most water-scarce regions in the world, and could deplete its reserves within the next 50 years. Tanqia amplifies the region’s supply and protects the precious resource through wastewater treatment solutions. The company broke ground on its state-of-the-art wastewater collection and treatment system (WWCTS) in 2005, and the system has been operational since 2009. The treatment site, located north of Fujairah City, spans 160,000 square metres. It’s in full swing of an expansion project that will push daily treatment capacity from 16,000 cubic metres to 46,000. The pioneering firm is upgrading its effluent distribution network to provide tertiary-treated effluent water that is suitable for unrestricted irrigation and special industrial usage. Upon completion, the network will provide billions of litres of optimally treated effluent to substitute the use of desalinated and underground water for non-potable use, helping to relieve strained reserves. The plant, which is the first privately held WWCTS in the Middle East, has garnered international recognition for its efficient operations and sustainable impacts. The CFI.co judging panel recognises this innovation by repeat programme winner Tanqia, and presents it with the 2021 award for Best Sustainable Growth Strategy (Middle East).

marten

Recent Posts

Région Île-de-France: Best Green Bond Thought Leadership Team Global 2024

Région Île-de-France has established a profound and impressive presence in the green bond sector, focusing…

1 week ago

DCM Systematic: Best Alternative Investment Strategy Switzerland 2024

DCM Systematic’s most distinguishing feature resides with its research-driven process that rests upon quantitative models,…

1 week ago

Baker Tilly Burj Finance: Best Investment Bank Morocco 2024

In the competitive landscape of Moroccan investment banking, Baker Tilly Burj Finance stands out for…

2 weeks ago

Moody’s Ratings: Best Credit Risk Analysis LATAM 2024

Moody’s Ratings has unparalleled expertise in navigating the dynamic landscape of private credit and digital…

3 weeks ago

Alta: Best Alternative Asset Exchange Asia 2024

Headquartered in Singapore, Alta is the largest digital securities exchange for alternative assets in Southeast…

4 weeks ago

National Bank of Fujairah (NBF): Best Business Banking Solutions UAE 2024

Fujairah, the fifth largest UAE emirate has a relatively low population. Visitors remark on its…

1 month ago