The UAE-based company for centralized cooling (Tabreed) and Dubai Investments, a subsidiary of Dubai Investments, have signed an exclusive agreement to provide cooling services for the "Jabal Ali Palm" project in Dubai. Under the agreement, a joint venture will be established between the two parties, where Tabreed will own 51% of the shares, while Dubai Investments will own 49%. This partnership plays an important role in enhancing the efficiency of the cooling system and information exchange between the two companies, ensuring the provision of sustainable cooling solutions for the "Jabal Ali Palm" project, which will have a cooling capacity reaching 250,000 tons with an investment valued at approximately 1.5 billion dirhams. In this context, Mohammed bin Khalfan Al-Rumaithi, the Executive Director of Tabreed, stated: "We are committed to implementing this partnership with Dubai Investments to develop and improve cooling services for the 'Jabal Ali Palm' project. This step reflects our commitment to achieving sustainable development and providing a comfortable and sustainable environment for workers."
