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March 26, 2024 valueeng0

A co-working space will be launched by Dubai’s Roads and Transport Authority (RTA) in Q2, 2024 on a trial basis. The facility aims to offer an easily accessible, affordable, and inspiring workspace within the BurJuman Metro Station.

The concept will be offered with ‘The Co-Spaces’, which is said to be a leading business incubator certified by the Dubai SME and provider of innovative co-working solutions called WO-RK, said a report by WAM.

Mohammed Al Hammadi, Director of Commercial and Investment, RTA said, “RTA is proud to see one of its concepts has turned into a reality with the provision of co-working spaces within BurJuman Metro Station. Through this initiative, RTA seeks to achieve its strategic goals aligned with Dubai Urban Plan 2040 aiming to make Dubai the world’s best city for living. This includes improving accessibility and fostering better integration. Co-working spaces offer innovative solutions and flexibility, in an ultra-modern conducive work and adaptable environment that actively supports a healthy work/life balance for all its members. Based on the success of the launch of the first co-working space in BurJuman Metro Station, RTA will look at expanding it to other favourable locations along the metro network.”

Located within the Dubai Metro network, WO-RK is said to offer seamless accessibility via the metro and other public transport modes, obviating the necessity for car commuting and contributing to last-mile transport solutions. This not only aids in alleviating traffic congestion and lessens the carbon emissions caused by ‘first or last mile’ travel, but also cultivates a sustainable urban environment, aligning harmoniously with the ethos of a progressive workspace, said a statement.

Embracing the notion of hybrid workspaces, WO-RK caters to the evolving needs of individuals beyond conventional fixed work environments.

Shahzad Bhatti, founder of The Co-Spaces, commented, “We are proud to collaborate with RTA on the inception of WO-RK, a revolutionary co-working concept. This partnership aligns with our commitment to providing innovative work solutions and fostering a dynamic work environment. As we embark on this journey with the RTA, we look forward to shaping the future of workspaces together, offering a unique blend of convenience, flexibility, and community engagement. WO-RK is not just a co-working space; it’s a testament to our shared commitment to innovation, accessibility, and the holistic well-being of our community and we look forward to expanding this vision across Dubai’s mobility hubs.”

The post RTA to launch WO-RK co-working space at BurJuman metro station appeared first on Middle East Construction News.

Source: MEConstructionNews


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March 26, 2024 valueeng0

The Diriyah Company has announced a major infrastructure agreement with City Cool Cooling Company, which will see the development of a district cooling plant with the ability to deliver up to 72,500 Tons of Refrigeration (TR).

As per the US $187mn contract, City Cool will design the cooling plant to operate with an energy efficiency rating of 0.7KW/TR. The chilled water will supply the cooling demand of all non-residential assets within the first phase of the Diriyah project.

City Cool Cooling Company, a wholly owned subsidiary of Mada International Holding, is the majority shareholder in the Diriyah cooling project, with a 90% shareholding.

The partnership marks a significant milestone for Diriyah Company’s strategic investment and partnership efforts. The development agreement comes following a 25-year Build, Own, Operate, and Transfer (BOOT) arrangement, with the completed infrastructure to be transferred to Diriyah Company after the duration.

Diriyah Company GCEO, Jerry Inzerillo said, “Our strategic investment efforts in Diriyah Company span diverse sectors, fostering comprehensive solutions that elevate the quality of life for everyone who lives, works, or visits the Birthplace of the Kingdom. By encouraging a healthier outlook on life, Diriyah Company holds minimising the development’s carbon footprint as a core principle for everything we do, by focusing on energy efficiency, reducing water consumption, and improving the overall quality of life for everyone.”

City Cool CEO, Abdulsalam Al Mobayed added, “It is an honour for us to be part of the Diriyah project, a project that prioritises environmental responsibility. Our shareholders at City Cool are not only keen but also fully support City Cool delivering a reliable and efficient district cooling solution to meet the escalating demand of cooling capacity needed for giga projects like Diriyah in Saudi Arabia, in complete alignment and support of Vision 2030.”

The post Cooling contract worth $187mn awarded for Diriyah appeared first on Middle East Construction News.

Source: MEConstructionNews