Philippines eyeing Qatari investments in district cooling, dairy production

  • Date: 19-May-2024
  • Source: Gulf Times
  • Sector:Industrial
  • Country:Qatar
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Philippines eyeing Qatari investments in district cooling, dairy production





Department of Trade and Industry Secretary Afredo E Pascual.

The Department of Trade and Industry (DTI) has engaged in discussions with two leading local firms, Qatar Cool and Baladna, to explore district cooling system opportunities in the Philippines and ways to boost the Southeast Asian nation’s self-sufficiency in dairy production.DTI Secretary Afredo E Pascual recently led a delegation to Doha and held high-level discussions with HE the Minister of Commerce and Industry Sheikh Mohamed bin Hamad bin Qassim al-Abdullah al-Thani as well leading Qatari businesses and officials.He also participated in a panel discussion titled ‘Creating Competitive Economies’ during the Qatar Economic Forum 2024.In a recent interview with Gulf Times, Pascual said: “The delegation is following through on two investment leads: one on an integrated dairy facility and another on district cooling.”According to Pascual, Qatar District Cooling Company (Qatar Cool) CEO Yasser al-Jaidah led a delegation in the Philippines last month for a meeting with representatives from Clark International Aviation Corporation (CIAC), Luzon International Premier Airport Development (LIPAD) Corporation, Bases Conversion and Development Authority (BCDA), and the Vista Group to explore district cooling opportunities in flagship development projects in the Philippines.“The visit of Qatar Cool is also an offshoot