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BioShaft Water Technology, Inc. (BSHF.OB) Chosen to Bid on Al Barari Housing Development in Dubai, UAE

BioShaft Water Technology, Inc., an innovative wastewater treatment technology based on biofiltration, announced it has been chosen by The Mace Group, a manufacturing company marketing high quality security products, to bid on the Al Barari housing development in Dubai, UAE. The project is required to treat 32,000,000 cubic meters per day of tertiary and sewage waste.

Three hundred luxurious villas will be built on 9.2 million square feet of land found in the UAE, at the royal enclave of Nad Al Sheba. The villas have unrestricted views of the botanical gardens, waterways and the adjoining wildlife reserve.

The first stage has produced over USD $544 million in sales and the total project is prized at USD $1.7 billion.

CEO of BioShaft, Dr. Hans Badreddine said, “We are thrilled that Mace has asked us to participate in this luxurious project. Mace recognizes that BioShaft’s low odor, sustainable technology is an excellent fit with the design of the Al Barari Project.”

Dubai’s innovative real estate projects and sports events spawn worldwide attention. Very large scale real estate development projects have led to the construction of some of the tallest skyscrapers in the world.

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