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الاقتصادية
Global Firms Vie in Saudi Cooling Market
Local and international companies are competing in the central cooling market in Saudi Arabia, with massive projects worth approximately $2.32 billion currently underway. These include the Diriyah Gate Station project, with a capacity of 72,500 tons, and Neom, with a capacity of 200,000 tons, both aimed at enhancing energy efficiency and reducing operational costs. LG has implemented more than 25 projects since 2008, including the Riyadh Avenue project, which was supplied with a cooling plant capacity of 28,000 tons at a value of 30 million SAR. Major projects also include the cooling station at Diriyah Gate, valued at $186 million, and the Neom project, reflecting Saudi Arabia’s strategic focus on developing the cooling sector to support its urban development initiatives.
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