Marafeq Qatar LLC
Driving Innovation in Integrated Utility Services
Established in 2010 as a wholly owned subsidiary of Qatari Diar, Marafeq Qatar LLC is a leading multi-utility provider delivering district cooling, waste management, and gas distribution services. With a vision to develop world-class, sustainable utility solutions, Marafeq aims to achieve $500 million in revenue within its first four years of operation. Devcco played a pivotal role in shaping Marafeq’s success by developing its business plan, managing multi-billion-dollar projects, and implementing strategic governance structures to ensure long-term sustainability and efficiency.
Marafeq Qatar
- Marafeq officially established 2010 as 100% subsidary of Qatari Diar
- Sharecapital $10 Million
- Mutli Utiliy provider including District cooling, Solid and pneumatic Waste and Gas.
- Objective to Achieve a Revenue of $500 Million by year 4 of operations
- Organizational strength of 130+ employees by 2015
Our role
- The business Plan with the purpose to establish a dedicated Qatari utility developer and operator
- The business management and project management for the projects under Marafeq umbrella covering more than $5 billion.
- A platform for Access and governance of the projects
- Strategic advices and performance management with the intention to create a path to success within the projects
- The methodology for asset ownership and company structure in Marafeq and its shareholders
- Procurement Strategies and secured a Supply Management chain with Procurement Management expertise, including legal and contractual advices
- Marafeq structures and projects with State Of Qatar ministers and directors
National benefits of Marafeq Qatar
- Supporting Qatar National goals in reducing their carbon footprint
- Create a stabilized cash flow from stable and long term contracts as a sustainable addition to the core business of Real Estate within Qatari Diar.
- A non subsidized complementary utility provider beside Qatar Electric and Water authority Kharamaa
