“Dubai Multi Commodities”: a positive impact on the lives of 60,000 individuals and 21,000 companies

Sustainability projects that reduce the cost of living in JLT

During the signing ceremony of the agreement.

From the source

The Dubai Multi Commodities Center, the free zone and authority of the Government of Dubai concerned with trade in goods and projects, and the master developer of the “Jumeirah Lakes Towers” ​​community, announced a set of sustainability projects aimed at accelerating efforts to reduce carbon emissions in the “Jumeirah Lakes Towers” ​​community, in line with the “Strategy of Dubai Clean Energy 2050” and the “Carbon Neutrality 2050 Strategy” for the emirate.

The center revealed that it seeks to achieve an increasing positive impact on the lives of 60,000 individuals and 21,000 companies based in the Jumeirah Lakes Towers. The projects will also result in a significant reduction in the Dubai Electricity and Water Authority tariff for the region, which will achieve high savings for homeowners, and thus become The cost of living in JLT is lower for residents and renters.

parking awnings

The center said in a statement that, after the projects were announced earlier this year, it had signed a 20-year agreement with the Etihad Energy Services Company (Etihad ESCO), wholly owned by Dubai Electricity and Water Authority, on the sidelines of its participation in the Water, Energy, Technology and Environment Exhibition. WETEX 2022, to install awnings equipped with solar panels in most car parks in the Jumeirah Lakes Towers area.

With the completion of the project, the Jumeirah Lakes Towers area will include one of the largest car parks covered with solar panels in the UAE. Jumeirah” is lower for residents and renters.

The signing ceremony was attended by Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority.

solar panels

According to the statement, DMCC will also install solar panels in the “One GLT” tower, and each of the center’s “tea” and “coffee” centers, and the “Jewelry and Gymnasium” building, and parking lots will be equipped in the Abraj area. Jumeirah Lakes with highly efficient lighting and ventilation solutions to reduce energy consumption.

The center will expand its work with Etihad ESCO by collaborating on additional projects aimed at increasing energy and water consumption efficiency by 30% in the entire JLT community.

Positive effect

"Sustainability and reducing carbon emissions are among the most pressing challenges facing the entire world today, and therefore working to meet these challenges has become more important than ever," said Faryal Ahmadi, Chief Operating Officer of DMCC.

She added, "Our firm belief in the need to address these issues constitutes a fundamental motivator for the comprehensive sustainability strategy developed by the Center, and for this integrated set of carbon emission reduction projects that we have currently announced."

She added, "Through these projects, we look forward to achieving an increasing positive impact on the lives of 60,000 individuals and 21,000 companies based in JLT."

For his part, Acting Chief Executive Officer, Etihad ESCO, Dr. Waleed Al Nuaimi, said: “The installation of solar panels across JLT is a significant step that will support various sustainable energy strategies in the UAE, allowing Dubai to play a pivotal role. and effective in facing the challenges of climate change at the global level.”

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