Bechtel to set up mining office in the UAE
Dubai, September 10, 2013
Bechtel, one of the world’s leading engineering, procurement and construction companies, has announced plans to set up its regional office in the UAE.
The move is aimed at helping the company focus on its mining and metals business and better service clients in the Gulf countries.
The GCC mining and metals sector has been identified as one of the main pillars of industrial diversification in the region and this trend is reflected in the scale of awards made during the last 12 months, which reached around $6 billion.
Two other factors that have driven growth of the sector are urbanization and industrialization of the GCC economies, said a senior official.
David Welch, the president, Europe, Africa, Middle East at Bechtel, said: “We recognise the growing importance of the Gulf region as a strategic hub for our business. The opening of a regional office for our mining and metals business is a reflection of our ongoing commitment to this region.”
"Our mining and metals business has a rich history here. Bechtel has been present in the region for around 70 years. We are optimistic about the business opportunities in the region and we believe the outlook is strong," remarked Welch.
"In addition, the region has excellent connections to European and North African markets. The regional office puts us closer to our customers,” he added.
The new regional office will draw upon Bechtel’s global experience and expertise in Mining & Metals and will offer services from master planning studies through to engineering execution.
Bechtel has completed several hundred major mining and metals projects and more than 1,000 studies across six continents around the world.-TradeArabia News Service