FINANCIAL NEWS

UAE’s ME district cooling market to top USD12bn in 7 years

12 Sep 2017

(MENAFN) With smart tech shaping the real estate and construction industry in the UAE, developers have realized the importance of district cooling, particularly with regard to the future of Smart Cities.

In addition, commercial and residential buildings in Dubai have district cooling and the demand is growing and district cooling is essential part in the future of smart cities.

Meanwhile, district cooling is increasingly recognized as a climate-resilient as cooling demand expands worldwide.

Furthermore, the Mideast market for this sector will surpass USD12bn by 2024, with district cooling services in big demand.

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MENAFN1209201700450000ID1095846416

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