GE Oil & Gas has announced the expansion of its services facility in Egypt with an additional 2,000 sq m in the industrial free zone. The total area of the facility will now reach 5,000 sq m.
Following a meeting with Mohamed Khodair, chairman of the General Authority for Investment and Free Zones (GAFI), GE Oil & Gas said that the expanded facility will handle the assembly, disassembly, repair, maintenance and testing for its products locally in Egypt to serve both national and international oil and gas companies.
Khodair said: “We are proud to be a partner to GE, one of the world’s leading providers of advanced technologies and services.”
“By creating the right investment environment, GE is now able to expand its operations and investment in the free zone which will support Egypt industrially and economically,” he said.
The expanded facility is expected to be fully operational by mid-2017 and will include the assembly, disassembly, repair, maintenance and testing of GE Oil & Gas’ upstream products which will be home to more than 100 Egyptian services employees, said a statement from the company.
The facility will also include a training centre for GE customers and employees to help build better know-how on the operation and services needed for the products that will be covered at the facility.
Rami Qasem, president and CEO, GE Oil & Gas, Middle East, North Africa and Turkey said: “We are very excited about the expansion of our services facility in Egypt and appreciate GAFI’s efforts to help us achieve this milestone.”
“We look forward to continue bringing our latest technologies and services in country to help us better serve our oil and gas customers in Egypt and the region,” he added.
(Source: Trade Arabia)