UK-based Chinook Sciences has announced that it has won a £300 million ($505 million) contract to build the world's largest advanced thermal energy-from-waste facility in Sharjah.
British Trade Minister Lord Livingston made the announcement during a visit to the company's headquarters in Nottingham, England.
The deal was awarded by Bee'ah, a Middle East environmental and waste management company after Chinook Sciences was introduced to the firm by UK Trade and Investment.
The deal is set to benefit Chinook's UK supplier base of 440 companies, which supply over 92 percent of Chinook's technology and represent every region of the UK, a statement said.
The Sharjah deal and other orders within Chinook's pipeline of projects are estimated to create 200 new UK jobs over the next two years, and secure a further 650.
It is the first major deal for a medium sized business since Lord Livingston announced a new programme of UKTI tailored export support for the 9,000 medium sized businesses in the UK.
Lord Livingston said: "Our medium-sized businesses have the potential to be economic powerhouses for the UK. Their success is dependant on expanding beyond domestic markets. Chinook Sciences is a great example of a company doing just that.
"UKTI is delighted to have helped deliver this deal. UAE's investment will enable Chinook to create new jobs across the UK."
Chinook has designed the entire facility and is co-ordinating the manufacture, shipping, installation, construction and commissioning of the plant.
The deal will also lead to the expansion of the Chinook's manufacturing, research and training facilities at Nottingham Energy Park in Bulwell.
Dr Rifat Chalabi, Chinook Sciences' Group Chairman and CEO said: "We are delighted to have been selected as Bee'ah's partner. The Sharjah Project is a major milestone for Chinook Sciences as it means we are now building the world's largest household waste gasification plant in partnership with one of the most visionary companies in the sector. This is further validation of our market-leading technology and project delivery capability."
Bee'ah's CEO, Khaled Al Huraimel, added: "Sharjah wants to be a leader in the environmental industry, so we went and looked for the latest technology. This technology is the greenest when it comes to waste-to-energy and we felt that this solution was right for Sharjah."