Company to invest significantly throughout the region during the planning period 2015 to 2018
Xylem Inc. has pledged its commitment to an ambitious expansion plan and investment of $35 million in the Middle East and North Africa (MENA) region. The announcement was made during the International Water Summit (IWS) taking place in Abu Dhabi, January 19 to 22, 2016.
The expansion will see increased localization of products and building vital local capabilities, including manufacturing, which will provide customers with more efficient services and products. Xylem has invested in a number of facilities across the region, including a local manufacturing plant and offices in the United Arab Emirates, Oman and Qatar. Further investment will be made into expanding business service offerings designed to provide customers with 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…. 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.”
Additionally, Xylem seeks through its expansion plan 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,” said Chirouze.
In 2015, Xylem President and CEO Patrick Decker alluded to the company’s impending increased regional presence in a panel discussion at IWS. More than just an energy producer, the NEMA region is a vital, dynamic area that is focused on resolving the challenges of limited water supply and population growth in order to drive sustainable economic growth. Xylem sees real opportunity to provide technology solutions to help meet the region’s growing need for sustainable water technologies and solutions.
A significant investment in a local manufacturing plant in Dubai is a critical component of Xylem’s growth plans in the region. 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 its growth plan.
Furthermore, the facility will host a training and learning center that provides 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—which will serve as the headquarters for its regional operations—later this year.