Lusail signs utilities MoU with Marafeq Qatar

The MoU was signed by Eng. Mohammed bin Ali Al-Hedfa, Chief Executive Officer of Lusail Real Estate Development Company and Mr. Charles Dupont, Chief Executive Officer of Marafeq Qatar.

Under the terms of the MoU, Marafeq Qatar will design, finance, procure, operate and maintain the district cooling, waste collection, gas supply system and provide the studies in water & electricity networks for the 35 square kilometer Lusail Development located north of Doha.

Commenting on the MoU, Eng. Al Hedfa, said:

"To create a development of global standards, we plan to work with Qatar's leader in utility supply and management. Marafeq Qatar's utility solutions will significantly contribute to our vision of Lusail as a breathtaking development that will dramatically improve our country's economic and physical profile."

Commenting on the importance of the MoU, Marafeq Qatar Chairman and Managing Director Eng. Yousef bin Ahmed Al-Hammadi said, "Marafeq Qatar is proud to announce this major partnership with Qatar's most prestigious development 'Lusail'. Our potential partnership is in line with one of the core principles of Marafeq Qatar - to select the best partners to further develop Qatar by providing first class utility services which meet or exceed the very best global standards."

The Marafeq-Lusail MoU outlines plans for Marafeq Qatar to prepare detailed designs and specifications for waste collection, district cooling and gas networks the entire Lusail development with work being initiated in two of Lusail's busiest neighborhoods - the Marina District and Fox Hills.

Located at the southern end of Lusail and the first phase in execution, the Marina District will act as a lively hub for the city overlooking the Marinas and providing waterfront residential, mixed-use, commercial, and hotel space with large open spaces leading to the waterfront Marina boardwalk.

The stunning centerpiece of Lusail, Fox Hills District is designed as a medium-density inner city residential area combined with mixed-use buildings. The district is split by Lusail's main commercial street running from North to South and surrounded by landscaped parks.

Marafeq Qatar, a JV between Qatari Diar (26%), Barwa Real Estate (25%), GDF SUEZ (24.5%) and SUEZ Environment (24.5%), was established to become the leader of Multi Utility Services provider in Qatar and the region.

The company's focus will on multi-utility facilities and services in the fields of water desalination, and distribution, wastewater treatment, solid waste collection and treatment, and a wide range of energy services such as district cooling, gas supply, and power transmission and distribution . It will have the values of an integrated utilities one-stop shop approach, offering the best technology in a timely and cost effective manner, focusing on long term sustainability and environmental awareness.

"Marafeq Qatar is the outcome of Qatar and the Region's major economically growth in urbanization. The company will offer multi-utility facilities and services to mega projects aiming to contribute to the development of the region's evolutionary cities of the future,"

Al Hammadi added.