The power equipment manufactured at the plant will be supplied to the local Saudi market, where energy requirements are strongly increasing. Siemens and its local partner, E.A. Juffali & Brothers, will invest jointly a three-digit million US Dollar figure in the facility, which will be constructed on a 220,000 square-meter site in Dammam in the Kingdom’s Eastern Region. The manufacturing facility is the first of its kind for Siemens in the Middle East.
Dr. Michael Suess, CEO of the Energy Sector and member of the Managing Board of Siemens AG, said: "With this new facility, Siemens is clearly strengthening its long-term commitment to Saudi Arabia. We will create qualified jobs and train young Saudis in order to achieve a true transfer of our innovative technologies.”
Siemens, in association with Saudi Petroleum Services Polytechnic (SPSP) and the Kingdom’s Human Resources Development Fund (HRDF), offers a two-year technical apprenticeship program provided by SPSP, followed by one year of on-the-job training at Siemens. Depending on their job fields, which students will specialize in during the program, they will be trained in various Siemens locations in Germany and the USA. The first 40 Saudi students started their program in December 2011.
Sheikh Sami Juffali, Chairman of the Board of Directors of Siemens Ltd..said: "As the partner of Siemens in Saudi Arabia, E.A. Juffali & Brothers is extremely proud to be part of their ongoing contribution to the development of infrastructure and human capital in the Kingdom which has spanned over 50 years."
Siemens has been present in the Kingdom since the early 1930s and today has around 2,000 employees at five different locations across the country. Arja Talakar, CEO of Siemens Saudi Arabia, said: “With the creation of this new hub, we will further contribute to the rapid development of the Kingdom and to the realization of its ambitious industrialization plans.”
Professor Siegfried Russwurm, CEO of the Industry Sector, member of the Managing Board of Siemens AG and responsible for the Middle East region within the company, pointed out: “The Middle East region has large natural resources on the one hand and expects a considerable demographic development on the other. Siemens is ready to serve as a one-stop shop for sustainable solutions in various fields of development, reaching from energy, industry and infrastructure to healthcare”.
This new site will meet the highest requirements in terms of sustainability and resource efficiency. LEED Gold Certification in the category "New Construction"
The Siemens Energy Sector is the world’s leading supplier of a complete spectrum of products, services and solutions for power generation in thermal power plants and using renewables, power transmission in grids and for the extraction, processing and transport of oil and gas. In fiscal 2011 (ended September 30), the Energy Sector had revenues of EUR24.9 billion and received new orders totaling approximately EUR31.8 billion and posted a profit of EUR3.9 billion. On October 1, 2011, the Energy Sector had a work force of more than 82,000. Further information is available at: www.siemens.com/
As a world leader in industry, energy, infrastructure & cities and healthcare, Siemens has grown to hold leading positions in these sectors in the Kingdom with around 2,000 employees countrywide. Siemens activities in Saudi Arabia date back to the early 1930s when the country imported its first power plant equipment. From the very beginning Siemens has made a significant contribution to the development of the country’s infrastructure. One third of the power used in the Kingdom is transmitted and distributed by Siemens. Today, Siemens in Saudi Arabia is committed to supporting the careers of young Saudis through targeted professional recruitment and training programs. The company also proactively supports the government’s efforts to effect social change in the country by recruiting Saudi women. We owe much of what we have achieved in this time to our partner and sponsor, E.A. Juffali & Brothers - one of Saudi Arabia’s largest and most respected diversified business groups.
For further information, please contact:
Pencell Public Relations
Phone: 02 2834067
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