District cooling event discusses opportunities worth Dhs55 billion

District cooling event discusses opportunities worth Dhs55 billion

Sajjad Ahmad, The two-day Mena District Cooling Projects Conference that started on June 14, 2022 discusses project opportunities worth $15 billion (Dhs55 billion), or 10 per cent of the $150 billion global district cooling market. More than 250 delegates including senior government officials, project owners, developers, utility suppliers, industry experts and key stakeholders participated at day one of the highly anticipated Mena District Cooling Projects Conference that started on Tuesday at a hotel in Dubai, UAE. The conference takes place at a time when the district cooling sector is expanding at a fast pace in the UAE, GCC and the rest of the Middle East and North Africa. UAE’s district cooling market is the largest in the Middle East and is growing at a faster pace propelled by climate conditions and increased infrastructure spending. Many businesses in the region are adopting district cooling systems due to cost-efficiency and long-term service. At the Mena District Cooling Projects Conference, more than 25 international and regional experts are gathering to discuss the current market outlook, opportunities and challenges in the region’s district cooling industry – that is becoming more popular due to its energy efficiency. More than 20 leading organisations from 10 countries