Tabreed Central Cooling Services Company, a wholly owned subsidiary of the Emirates Tabreed Company and established in Egypt, announced the signing of a concession contract for a project in Egypt worth 306.4 million dirhams.

The company said in a statement, today, Wednesday, that the contract was signed with the Egyptians Company for Health Care Services, with the aim of designing the construction and long-term operation of district cooling assets that serve the Capital Med development project.

According to the statement, the project serves the development of the regional medical campus of the university city in the Greater Cairo area, Badr City, Suez Road, East Cairo, Arab Republic of Egypt.

It is planned that the project will be established in four phases, so that once the project is completed, Capital Med will become a smart medical city equipped with the latest advanced standards; To receive patients not only from Egypt, but from all over the Middle East, Africa and the rest of the world.

Capital Med will contain 700 intensive care units, 70 operating rooms and more than 15,000 health service providers from various specialties, to provide together nearly 100 medical specialties.

The enormity of the Capital Med project is due to the geographic surroundings of the project, where more than 5 million people live 20 minutes away from the project site, to double that number to become 20 million people within 90 minutes of the project site.

The new medical city is connected to the highway network to facilitate access, in addition to its proximity to Cairo International Airport, as the new city is only 20 minutes away from the airport.

The Emirates Tabreed explained that the company will finance, build and operate the Manateq power plant designed specifically for the project, in cooperation with the Shaker Consulting Group, with the purpose of meeting the cooling and heating requirements for this prestigious project.

The capacity of the district power plant will have a production capacity of about 19,500 refrigeration tons, and later the production capacity will be increased to range from 213 to 30,000 refrigeration tons to cover the entire project, according to the requirements of the first phase.

Phase 1-1 includes the construction and installation of a system with a production capacity of 7,500 tons of cooling and 12 megawatts of heating using hot water boilers, to provide energy services to cover all related buildings, in order to achieve comprehensive and integrated solutions in the long term.

Tabreed, the UAE, had expected last May that the pace of the company's expansion in regional markets, especially Saudi Arabia and Egypt, would be faster than its main market in the UAE, according to Khaled Al-Marzouqi, CEO of the company, about announcing new projects in the two countries.