Zamil Central Air Conditioners Co. Ltd., a wholly-owned subsidiary of Zamil Industrial Investment Co. (Zamil Industrial), today signed a new contract valued at SR348 million ($92.8 million) with Al-Fouzan Trading & General Construction Co. to supply custom chiller systems for the Saudi Real Estate Development Company (Dar Al-Hijrah) project, owned by the Public Investment Fund (PIF) of the Ministry of Finance, in Madinah.

The signing ceremony was attended by Abdul Rahman Al-Mofdi, secretary general of PIF; Fahd Al-Sharif, head of tourism and real estate sector at PIF; Katsuhiko Takahashi, CDA a.i. at the Embassy of Japan in Saudi Arabia; Shunsuke Saito, first secretary, economic affairs at the Embassy of Japan; and Kaoru Kusumoto, senior general manager, air-conditioning division at Mitsubishi Heavy Industries, Ltd.

Also in attendance were Abdulrahman Al-Zamil, chairman of the Riyadh Chamber of Commerce and Industry and president of the Council of Saudi Chambers; Khalid A. Al-Zamil, chairman of the board of Zamil Industrial; Ajlan Al-Ajlan, Zamil Industrial’s general manager for the Central Region; Tarik M. Al-Fouzan, CEO of Al Fouzan Trading & General Construction Co.; and Samih Al-Qishawi, executive vice president of projects at Al Fouzan Company.

The scope of the agreement, which is the largest project awarded in the history of Zamil Air Conditioners, includes the supply of 80 custom water-cooled centrifugal chillers with a total cooling capacity of 200,000 tons of refrigeration (TR) for use in the first phase of the Saudi Real Estate Development Company project, which is being developed in Madinah on an area of 1.6 million sqm and has the capacity to accommodate around 120,000 pilgrims.

The 200,000 TR will be generated by 80 MHI centrifugal chillers that include chiller plant management systems, inverters, refrigerant pump systems and automatic tube cleaning systems, comprising the largest district cooling plant in the world.

MHI centrifugal compressors and chillers are considered the most efficient chiller systems in the world and employ the most advanced Japanese technology; they have a cooling capacity that ranges from 270 to 5,000 refrigeration tons per chiller, which is what is needed for today’s more demanding construction projects.