AMLAK and Tarsheed collaborate on various events

Doha, Qatar, 16 May 2015

AMLAK, the Qatari holding company which manages a strategic portfolio of assets in Qatar, has signed a memorandum of understanding (MoU) with KAHRAMAA, Qatar General Electricity and Water Corporation, through the National Program for Conservation and Energy Efficiency, "Tarsheed". The aim of the MOU is to strengthen their common interest in preserving the natural resources in Qatar, particularly  regarding the conservation and efficient use of water and electricity in the tourism industry, for the economic and social benefits of present and future generations.

Launched in 2000, KAHRAMAA is a leading organization in Qatar that caters to the country's electricity and water needs, and ensures its sustainability by operating according to global best practice standards. This is in line with the conservation goals set out by the Qatar National Vision 2030 to protect the environment so that harmony and consistency of the economic, social and environment development is ensured.

His Excellency Eng. Essa bin Hilal Al-Kuwari, President, KAHRAMAA said: "We are committed to providing the highest levels of care for the country's wealth, resources, and sustainability without negatively affecting the environment, which is a main pillar of sustainability in Qatar's national agenda. KAHRAMAA, through its national Tarsheed program, has implemented strategic conservation, energy and water efficiency projects by adopting and implementing a number of initiatives on the topics of regulations, standards, laws, social awareness, and renewable energy technology, by collaborating with the concerned authorities in Qatar."

Commenting on MOU signing, Eng. Ali M. Al Ali, Customer Services, Conservation and Energy Efficiency Manager, KHARAMAA said: "This collaboration with AMLAK and the national Tarsheed program provides an excellent opportunity for both entities to raise the bar when it comes to  efficient energy use in the tourism sector; one of our goals to achieve a 35% reduction in water and 20% in electricity use per person in Qatar. We are following the best practice standards of all developed countries that are now adopting and implementing green tourism systems."

As an active member of the Qatar community, AMLAK considers sustainability in every project it manages with a goal of contributing to the Qatar National Vision 2030. By creating a balance between its scope of business and development, and the protection of its natural environment, AMLAK reinforces its commitment to the environment by creating a green footprint in the sustainable future of Qatar.

Speaking on the occasion, Abdul Aziz Al Emadi, AMLAK Chief Executive Officer, expressed his delight with the signing of the MoU: "It is not only a pleasure, but an absolute necessity for us to be associated with KAHRAMAA. As a responsible Qatari business with sustainability at the core of all our operations, this MoU will enable us to further increase our role in protecting the country's environment for our children and the future generations to come. Our colleagues will benefit from the insights provided by Tarsheed, and implement successful sustainability models throughout our organisation and its entities."

Under the MoU, AMLAK and KAHRAMAA will join together on a number of projects with the aim of promoting energy efficiency, environmental protection and energy consumption conservation. Under the umbrella of Tarsheed and will contribute by adding a new award category that will be announced later in the year. Tarsheed will host all events related to the award at the Qatar National Convention Centre (QNCC), which is operated by AMLAK.

In addition, the parties will form a committee that will provide technical solutions, conduct energy audits and educate a variety of industries to become more energy efficient. KAHRAMAA  will also engage Tarsheed to develop training programs for the AMLAK operations team at QNCC on energy efficiency practices.

In recognition of its sustainability accomplishments, an entity of AMLAK, QNCC was awarded the Best Conserving Building Award by Tarsheed, earlier this year.

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About Amlak
AMLAK is a 100 % Qatari holding company, which is committed to its mission of Bringing Assets to Life by applying innovative integrated asset management principles and practices, creating round-the-clock integrated communities and elevating national capabilities to global standards. AMLAK is committed to utilizing best-in-class commercial mindsets to enhance the value of the assets it manages. 

AMLAK manages a strategic portfolio of assets through its entities which include; hospitality and leisure, venues and arenas, residential and commercial properties. Managed assets include the Qatar National Convention Centre, a FIFA stadium and multiple hotels, and a Golf Club to name a few. As a proud member of the Qatar Foundation AMLAK is committed to the 2030 Qatar National Vision.

© Press Release 2015