Briefs: Project Qatar 2004

A prestigious building project involving innovative district cooling has been launched in Doha's West Bay area. Initially, 82.5 million USD will be invested in the scheme in order to meet the cooling requirements of 50 office buildings. Additional phases will bring total investment up to 300 million USD. Qatar District Cooling Company, known as Qatar Cool, is owned 50.5% by United Development Company, 44.5% by Tabreed, a corporate member of the IIR, and 5% by private Qatari investors.