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FINANCIAL NEWS
Arcapita, Dalkia win deal to construct district cooling plant
20 Feb 2011
(MENAFN) The Director of the Infrastructure at the Tourism Development and Investment Company (TDIC), Andrew Seymour, said that the company granted a contract to Bahrain-based Arcapita and Dalkia to construct the region’s largest district cooling project in Abu Dhabi, reported Arab News.
Seymour said that the project would include building of 3 plants and it would provide a capacity of 50,000 tons of refrigeration (177 MW) and would supply a 27-square-kilometers area.
Seymour added that both companies would be responsible for the design, build, finance, operation and maintenance of the plants.
It is worth noting that TDIC is considered a master developer of tourism, cultural and residential projects in Abu Dhabi.
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Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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