Tabreed reveals regional expansion plans

District cooling firm Tabreed plans to spend US $544 million (AED2 billion) over the next four years on furthering its activity across the GCC

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By  Alison Luke Published  August 10, 2006

District cooling firm Tabreed plans to spend US $544 million (AED2 billion) over the next four years on furthering its activity across the GCC. The firm plans to expand business to Kuwait following its entry into Qatar, Oman, Bahrain and Saudi Arabia. Tabreed operates 24 cooling plants in the UAE, with refrigerating capacity of around 300 000 tonnes. A further 12 plants are in various stages of construction and 12 are being designed. Among the major contracts in the UAE are a $816 million (AED3 billion) deal with Dubai Municipality to provide district cooling services for the Dubai Metro project. This will initially need at least 36 000 refrigerated tonnes (RT) and up to 350 000 RT on completion. Other work includes a contract with property developer Aldar for its projects in Abu Dhabi, another with the Khalidiyah Mall and Abu Dhabi University’s campus in Khalifa City. Tabreed will also be providing district cooling services to Fujairah and Ajman’s tallest towers as well as for the Al Khaleej Hospital in Al Ain, Dubai Pearl and Al Kheeli complex in Abu Dhabi. Elsewhere in the GCC, its second plant in Qatar will be operational by the end of this year, while three more are under construction.

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