Leading global water technology provider Xylem Inc. has announced an ambitious expansion plan and investment of US $35 million in the Middle East and North Africa (MENA) region.
The expansion will see increased localization of products and building vital local capabilities, including manufacturing, which will provide customers with more high quality, efficient services and products.
Xylem has already invested in a number of facilities across the region, including a local manufacturing plant and offices in the UAE, Oman and Qatar. Further investment will be made into expanding business service offerings designed to provide customers with smarter solutions to their water technology needs.
“The water-energy nexus is especially relevant throughout the MENA region,” said Vincent Chirouze, regional director, Xylem Middle East and North Africa. “We view the low oil price environment as an opportunity to invest and expand in this market while many of our competitors are being cautious or even limiting their investments. As the Middle East works hard to address long-term water security in the region, we are positioning ourselves for long-term growth and success.”
Via its expansion plans Xylem is also seeking to create strategic partnerships with government and private entities to address pressing regional water issues. Xylem and the Masdar Institute of Science and Technology recently announced a research collaboration to establish sustainability indicators such as energy and cost performance of processes and equipment for water, wastewater and water transport and treatment facilities in Abu Dhabi.
“The partnership with the Masdar Institute marks a pivotal milestone in our regional growth plan and represents a solid step in our journey as a leading water technology provider,” Vincent Chirouze added.
A critical component of Xylem’s ambitious growth plans in the region is a significant investment in a local manufacturing plant in Dubai. The facility will bring new jobs to the region and provide the market with locally engineered products and services. In 2015, Xylem doubled its local team to support the plans.
The facility will also host a training and learning centre providing training to engineers, contractors and installers in the proper design, installation and maintenance of water related technology solutions and applications. Xylem moves to the new office in Dubai later this year, which will serve as the headquarters for its regional operations.
Headquartered in Rye Brook, New York, in 2014 Xylem had revenues of $3.9 billion and approximately 12,500 employees worldwide.
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