RAK announces plans to reduce water shortage risk

13/01/2012 - Ras Al Khaimah Property News Posted by Neil King
RAK announces plans to reduce water shortage risk

Property investors looking to allay the fears of their tenants in Ras Al Khaimah could be among those encouraged by the construction of new reservoirs.Two new reservoirs have been developed by the federal Water and Electricity Authority in order to reduce the risk of the emirate facing water shortage.The peace of mind this will offer residents could see demand for property in the rental sectors rise over the coming months.Reports in the National place the cost of the development at Dh21 million and the move will ensure that every household in the emirate will have water for two days should a shortage occur.Ali Mohamed Al Mansoori, the general manager of the RAK Agricultural Co-operation, told the news provider: "This is a great move and one that will surely be welcomed because it will prove to have a number of benefits."One of the benefits of having the reserves as back up is in case a situation beyond anyone's control happens," he said. "It will also mean that work will not be affected in fields such as construction, so efforts in the development of the community can continue."