Tata firm to invest $12 mn in Qatar science park
Economic Times 09 October 2008
Dubai: TCE Consulting Engineers, a Tata Group subsidiary,
will invest $12 million over the next five years in
the Qatar Science and Technology Park (QSTP).
The investment will see development of new engineering
solutions to meet environmental challenges. "Buildings
account for 40 per cent of energy consumption worldwide,
so with the right technology we can make a real difference
in this area," Qatar's local media quoted TCE
chief executive AP Mull as saying in Doha.
Stating that leading universities around the world
were developing nanoparticles, which have the potential
to bring immense benefit to society, Mull said: "We
want to take the experimental work to the field in
close cooperation with Qatar researchers and businesses."
QSTP is home to international technology companies
in Qatar, and an incubator of start-up technology
businesses.
Established in 2004 as a part of Qatar Foundation
a private non-profit organisation set up to
promote education, research and community development
the purpose of the science park is to spur
development of Qatar's knowledge economy.
Among the leading universities that have campuses
at QSTP are Carnegie Mellon, Texas A&M and Weill
Cornell. EADS, ExxonMobil, GE, Microsoft, Shell and
Total are also members of QSTP. Mull said TCE investments
would initially go into three research projects.
The first will be on developing software that assists
the design of environment-friendly buildings. The
tool will determine the optimal use of renewable energy
sources, energy-efficient features and locally sourced
materials to minimise a building's total energy "footprint",
he said.
The second project will study and design a solar
thermal plant that will use sunlight to produce steam.
The third programme will aim at turning university
nanotechnology research from around the world into
practical engineering application products such as
nano-fibre building materials, wastewater filters
and cladding windows with ultra-thin solar cells.
"Tata has some very exciting expertise in energy
and the environment, two of QSTP's strategic focus
areas," Tidu Maini, QSTP executive chairman,
said.
"We are proud to be partnering with them to
bring these innovations to life and further grow Qatar's
knowledge-based economy."
According to reports, TCE's QSTP facility will open
later this year and the staff strength will grow to
14, half of them researchers.