Faisal Al Kamali, head of infrastructure at Aldar Properties has said the company is considering acquisitions and joint ventures for sharing district cooling infrastructure as it seeks to reduce costs for customers, Reuters has reported. The Abu Dhabi developer is “studying how to reduce costs for certain projects we don’t want the customers to run away from us,” he said. The developer is to continue to work with Tabreed on the contracts it currently has with the firm, he noted.
You might also like...
Rainmaking in the world economy
19 April 2024
Oman receives Madha industrial city tender prices
19 April 2024
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.