THE ROAD TO TRANSPARENCY
- From: Vol 9, Issue 7 (July 2008)
- Category: Need to know
- Region: Unspecified
- Country: Australia
- Related Companies: Dubai Electricity and Water Authority , Macquarie Bank and Nakheel
* Nakheel has been prevaricating over whether to invite private developers to build, finance and operate its desalination and water reuse plants, or whether to simply ask contractors to design and build them,
while financing them through a joint venture with Australia’s Macquarie Bank. Our interview with Nakheel’s design boss Abdulrahman Kalantar does not shed much light on the issue. What seems to be missing is an answer to the central question for any private water project: who is the off- taker? If Nakheel is the off-taker, then who is it ...
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