Monday, June 23, 2008

UAE positioned first outside USA with highest number of existing buildings seeking LEED™ certification

TECOM Investments, a member of Dubai Holding, today announced it has registered 30 existing buildings that are seeking the Leadership in Energy and Environmental Design (LEEDTM) certification, positioning the UAE at the top spot outside the US in the number of projects pursuing green standards, according to the list of registered projects on

Registering a project is the first step towards earning LEEDTM certification from the US Green Building Council, enabling LEEDTM Accredited Professionals to subsequently guide developers to successfully achieving the certification.

Ali bin Towaih, Executive Director of the Sustainable Energy and Environment Division (SEED) of TECOM Investments said: "Dubai is experiencing a major shift in attitudes towards commercial development. TECOM Investments has played an instrumental role in engineering this shift, consistently providing outstanding business facilities and services as well as a convenient and pleasant environment for business partners to function seamlessly.

While TECOM Investments is a knowledge-based corporation with the largest number of existing building projects pursuing LEEDTM certification in the region, we continue to demonstrate our relentless commitment towards endorsing sustainable development in the region that will make our developments more energy & water efficient, resource efficient and attach a certain level of responsibility to our developments. We have progressed extremely well in this project that we started one year ago and are well on target to complete the certification as per timelines set out in our Sustainable Development Policy."

To date, TECOM Investments has a total of 46 projects seeking LEEDTM certification, including the 30 existing buildings as well as new developments that are either under construction or undergoing interior works. Each entity under the TECOM Investments umbrella currently boasts at least one building that is pursuing a LEEDTM certification.

Taking the lead in the region to pioneer eco-friendly initiatives in the corporate world, TECOM Investments has established SEED, a dedicated division for sustainable energy and environmental practices comprising a specialised team of energy engineers and LEEDTM Accredited Professionals.

Over the last two years, TECOM Investments has taken a pro-active approach to reducing carbon footprint in the region. Among its notable initiatives, it recently became the first-ever corporation to implement a Sustainable Development Policy, providing a comprehensive guideline for all TECOM buildings to reduce energy costs. Through its series of energy and water conservation and oncoming recycling programmes, TECOM further validates its commitment to endorsing green-friendly measures.

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About Investments

TECOM Investments, based in Dubai, is a subsidiary of Dubai Holding, a global company dedicated to knowledge and life-improving industries. A creator of vibrant knowledge industry clusters, TECOM Investments is currently active in buoyant cutting-edge sectors like ICT, Media, Education, Biotechnology and Energy.

A recognized leader in the global knowledge industry, TECOM Investments manages entities like Dubai Internet City, Dubai Media City, Dubai Knowledge Village, Dubai International Academic City, eHosting DataFort, International Media Production Zone, Dubai Outsource Zone, Dubai Studio City, DuBiotech and Enpark.

TECOM Investments' phenomenal growth also encompasses local and international joint venture interests like Empower, a district cooling service provider established as a joint venture with Dubai Electricity and Water Authority, Emirates International Telecommunications Limited, a joint venture with Dubai Investment Group and SmartCity, a joint venture formed with SAMA Dubai to develop and manage knowledge industry townships worldwide.

Emirates International Telecommunications Limited holds stakes in Tunisie Telecom and Maltacom, telecommunication carriers in Tunisia and Malta respectively. SmartCity has already laid the foundations of a global network of knowledge driven clusters through agreements to develop SmartCity Malta and SmartCity Kochi.

TECOM Investments also has interests in Axiom, the largest mobile distributor in the Middle East, and Interoute, the operator of Europe's most densely connected voice and data network.
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