Dubai-Mubasher: Emicool, a joint venture between Dubai Investments and Union Properties, is set to boost its market share from the current 12% to 20% amidst this surging demand, according to a statement.
Emicool has a plant with 115,000 tons of refrigeration (TR) capacity in Dubai Investments.
The Emicool aims to increase its capacity to 500,000 TR by 2020 as DIP plans to build over 1,150 residential units in the near future.
“The UAE and regionally, there is a huge commitment to the cause of sustainability, and no wonder district cooling industry has a profound role to play in eco-friendly infrastructure of districts, cities and countries,” said Emicool’s CEO Adib Moubadder.
