Wednesday 13 November 2024
 
»
 
»
Story

Al Shamisi, Starace and Siddiqi at the signing ceremony.

Siddco to set up engineering facility in Abu Dhabi

ABU DHABI, May 31, 2015

UAE-based Siddco Group has signed an agreement with Abu Dhabi Ports to set-up a key engineering facility at Khalifa Port’s industrial zone (Kizad) in Abu Dhabi, UAE.

The new facility branded as “iNGENIUM” will deliver precision automated engineering and fabrication for the regional oil and gas sector.

The Musataha agreement was signed by Mohamed Juma Al Shamisi, CEO Abu Dhabi Ports, and Zakee Siddiqi, chairman and CEO Siddco Group, under the patronage of Giorgio Starace, Italian ambassador to the UAE, and Umberto Bernardo, deputy Italian ambassador to the UAE in the presence of notable guests.

The iNGENIUM site is spread over a plot covering 122,000 sq m, with direct access to Kizad’s modular path, a dedicated road for moving over-sized equipment between the investors’ facility and Khalifa Port, in a swift, safe, and economical manner.

The facility is envisaged to generate more than a million man-hours per annum, with a fully automated production plant utilising cutting-edge Italian technology to manufacture intricate equipment in various formats and metallurgies.

Al Shamisi said: “Continuous growth in the oil and gas sector has led to the demand for companies like iNGENIUM to establish manufacturing facilities in the region.

“The supply chain efficiencies offered by Khalifa Port and its industrial zone as well as its exceptional infrastructure and transportation network will make a significant difference to iNGENIUM’s business operations.  The new facility will cater to the oil and gas industry’s growth and create business opportunities and jobs in the emirate, directly supporting the diversification of our nation’s economy.”

“Through extensive use of automation in the production line and robust investment in our people and in first-class Italian machinery, iNGENIUM will deliver enhanced efficiency and reliable engineering. Our ongoing investments in Italian machinery have proved extremely beneficial in ensuring uniformity in quality and precision,” said Siddiqi.

“There is a growing need for the engineering and fabrication of storage tanks, pressure vessels, heat exchangers and modular equipment.

“Most of this equipment is currently manufactured internationally - which incurs associated lead times, transport and labour costs. By setting up our new facility iNGENIUM in Abu Dhabi, it will act as a facilitator for such projects to be carried out in the Mena (Middle East and North Africa) region instead,” he added. – TradeArabia News Service




Tags: Abu Dhabi Ports | Kizad | Ingenium |

More Construction & Real Estate Stories

calendarCalendar of Events

Ads