Tabreed Champions Sustainable Cooling Solutions at Big 5 Construct Egypt

Tabreed, a leading district cooling provider, showcased its expertise and commitment to sustainability at the Big 5 Construct Egypt event, positioning itself as a key player in the region's construction boom.

Tabreed Champions Sustainable Cooling Solutions at Big 5 Construct Egypt

Summary

Tabreed participated in the Big 5 Construct Egypt event, highlighting the importance of district cooling in sustainable urban development. The company engaged with key stakeholders to promote energy-efficient cooling solutions, reinforcing its role in mitigating climate change and supporting Egypt's construction growth.

Abu Dhabi, United Arab Emirates – 30 June 2024: Tabreed, the world’s leading district cooling company, has once again demonstrated its industry leadership by participating in the sixth edition of Big 5 Construct Egypt. The event, known for its focus on technology and sustainability, provided an ideal platform for Tabreed to engage with the region’s premier developers, architects, planners, engineers, consultants, and government officials.

Tabreed’s executive management team led discussions on critical topics such as decarbonisation through planning efficiency and the pivotal role of district cooling in creating sustainable cities. With over two decades of experience, Tabreed has established itself as a cornerstone of the GCC’s infrastructure, delivering over a million Refrigeration Tons (RT) through its 83 plants across the region.

During the event, Tabreed’s Chief Executive Officer, Khalid Al Marzooqi, emphasized the necessity of district cooling in addressing the rising demand for cooling solutions amidst global population and temperature increases. 'District cooling is universally acknowledged as a vital player in the mitigation of climate change,' Al Marzooqi stated. 'Our operations prevent the release of millions of tons of carbon emissions annually, and Egypt already benefits from our services, such as the cooling solutions we provide for Downtown Katameya in New Cairo.'

Al Marzooqi highlighted the significant potential for Tabreed’s expansion in Egypt, which is experiencing a substantial construction boom. The Big 5 Construct Egypt event allowed Tabreed to connect with influential decision-makers, advocating for the integration of district cooling systems at the earliest stages of urban planning to ensure sustainable and intelligent infrastructure development.

Tabreed’s participation in the event underscores its strategic vision and commitment to sustainability. The company’s energy-efficient cooling solutions use 50% less energy than traditional air conditioning systems, making them indispensable in the fight against climate change. As Egypt continues to develop new cities and infrastructure, the adoption of district cooling solutions will be crucial for sustainable growth.

Given Tabreed’s proven track record and the growing demand for sustainable urban development, investors should consider the company’s strong market position and future growth potential. The integration of district cooling in emerging markets like Egypt presents a significant opportunity for Tabreed to expand its footprint and reinforce its role as a leader in the industry.

In conclusion, Tabreed’s engagement at Big 5 Construct Egypt highlights its dedication to sustainable development and its potential for continued growth. Investors looking for long-term value in the utility sector should consider Tabreed’s strong market position, innovative solutions, and commitment to environmental sustainability.

Source

Press release

Summary

Tabreed, a leading district cooling company, participated in the Big 5 Construct Egypt event, engaging with developers, architects, planners, engineers, consultants, and government officials to discuss the benefits of district cooling for sustainable cities. The event, which focuses on technology and sustainability, provided a platform for Tabreed to highlight the efficiency and environmental advantages of district cooling. CEO Khalid Al Marzooqi emphasized that district cooling uses 50% less energy than conventional air conditioning and significantly reduces carbon emissions. Tabreed already operates in Egypt, providing cooling for Downtown Katameya in New Cairo, and sees potential for further expansion amid the country's construction boom.

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