King Fahd University of Petroleum & Minerals (KFUPM Business Park)
Saudi Tabreed signed an agreement with Dhahran Techno Valley to provide district cooling services for KFUPM Business Park in Dhahran.
15000TR
CONTRACT CAPACITY
30Years
TERM
The deal is for 28,000 TR under 30 years concession via BOOT framework, serving a total connected load of 15,000 TR as phase one. KFUPM Business Park is a state of art business park comprising a mixed-use development of 200,000 m2 of land, including Class A Offices, upscale residential apartments, 4 star hotel and serviced apartments and supporting retail and associated facilities. The project is funded by KFUPM Endowment fund and is managed by Saudi Aramco.
- AREA Dhahran
- AREA TYPE AREA TYPE Residential Retail Apartments Offices Hospitality
- TERM 30 Years
- CONTRACT CAPACITY 15,000 TR
- TYPE Build, own, operate and transfer
- OUTSOURCE Saudi Tabreed (100%)
- TARIFF Connection, Capacity, Consumption Charge