DTI urges Qatar Cool to do business in PH

TRADE and Industry Secretary Alfredo Pascual urged Qatar Cool , the largest district cooling system provider in Qatar, to invest in the Philippines.In a statement on Friday, the Trade Department said Pascual met with QC Chief Executive Officer Yasser Al Jaidah, and Commercial and Finance Director Mohannad Khader on May 16 to discuss the company's interest in establishing district cooling systems in the Philippines.

The company was also urged to consider locations outside Metro Manila, which offer high-density developments suitable for DCS implementation.QC first visited potential sites in the Philippines in March 2024, with follow-up discussions with prospective partners in the following weeks to ensure successful DCS adoption.The DTI noted, however, that a high degree of occupancy commitment from tenants within developments would be crucial for the financial viability of the project.

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