December 6, 2012 - Doha, Qatar

As part of Qatari Diar Construction's (QDVC) commitment to sustainable development, the company is launching a major new carbon sequestration project in Qatar.

With support and consultation from Creocean, this initiative will start with an analysis of the brown algae belonging to the species Hormophysa cuneiformis in the North West of Qatar with the aim of determining to what degree this type of algae will be able to effectively capture CO2. This phase began in early December and will continue for 10 weeks. 

In 2009, QDVC began calculating its fleet CO2 production and determined that over the past 3 years around 8,000 tonnes of CO2 have been produced. Plans are now in place to offset these emissions through the new algae carbon sequestration project.

Upon signing the contract launching the first phase of the project, Edouard Horlin, Regional Manager of Creocean, noted, "I'm very happy to initiate this project with QDVC because of its innovation and the scientific knowledge it will bring to Qatar and therefore possibly play a role in decreasing the CO2 emissions from various projects in Qatar."

Sheikha Athba Al Thani, Chief Support Services and Sustainable Development Manager of QDVC, echoed this sentiment, stating "We are very proud to announce the collaboration with Creocean on algae carbon sequestration. We believe that our initiative will attract more companies to join us".

In line with Qatar's National Vision 2030, the company has implemented a series of strategies to reduce its environmental impact. These include efficient waste management, green procurement methods, optimization of its fleet, promoting clean technologies, and effective uses of critical resources such as water.

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About QDVC
QDVC is a Qatari Shareholding Company incorporated under the Law of Qatar since April 2007. The percent shares held by each partner of the company are 51% by Qatari Diar, incorporated in Qatar and acting as the Qatari partner, and 49% by VINCI Construction Grands Projets, incorporated in France and acting as the non-Qatari Partner.

QDVC is the first Qatari Construction Company to have received the QSAS (Qatar Sustainability Assessment System) certification for on-going projects in Lusail LRT and the Sheraton Park Project.

QDVC is currently working in Lusail for the Car Parks and the LRT (Light Rail Transit System), on the Sheraton Park Site Project, in the PS70 Doha North Sewage JV, and in the Qatar Bahrain Causeway JV. 

For further information, kindly contact:
Anne-Sophie Prusak
Qatari Diar Vinci Construction
Telephone: 66 53 45 71
Email: anne-sophie.prusak@qdvc.com

© Press Release 2012