New Expansion Increases Overall Investment in GE's Largest Technology Center to Over US$100M, Underscoring its Long-Term Commitment to the Kingdom and the Middle East
Dammam, Saudi Arabia: Further expanding its knowledge-sharing commitment to Saudi Arabia and the region, GE (NYSE:GE) today announced it will add a training center at the site of the new GE Energy Manufacturing Technology Center in Dammam. The new advanced Training Center will bring GE's total investment in the Dammam site to approximately $100 million.
The new training center will have state-of-the-art facilities and offer the latest technology and managerial courses for college students, field engineers and other power industry professionals throughout the region. The technical education which will be offered at the center is viewed as key to providing young talent with the skills and qualifications to work with the latest advances in technology, quality and safety, so they can help meet energy demands for Saudi Arabia and the region.
"Our commitment to Saudi Arabia includes the nurturing and development of local technical talent," said Joseph Anis, GE Energy's president for the Middle East. "By sharing our technology expertise and experience with today's promising power industry students and professionals, we believe we will be better able to meet the future needs of our power, water, oil and gas, and industrial customers in the region. We feel this is a significant investment in the future of the Kingdom's energy infrastructure."
The new center builds on GE's long history of innovation and technology capabilities in Saudi Arabia, where more than 400 GE turbines are installed. By developing local talent for the energy industry, the center will also help provide the expertise to meet Saudi Arabia's power demand, which has been growing eight percent or more per year supporting the Kingdom's growing population and economy.
The new center will join several other global energy training facilities established by GE in Europe, the US, and China. It will be GE's first energy training center in Saudi Arabia reflecting GE's commitment to develop local expertise to better respond to the region's growing energy needs.
The training center's curriculum will be tailored to the needs of the Kingdom and the region. Students at the center will be able to learn, through demonstrations and hands-on experience with advanced technology equipment, how innovative technology solutions can help improve plant efficiency and reliability and boost the performance of power plants.
The training center will be located at the GE Energy Manufacturing Technology Center site in Dammam, which is expected to be GE's largest repair center of excellence worldwide when completed and will strengthen GE's service capabilities in Saudi Arabia and the region. Developed in association with GE's joint venture partner Ali A. Tamimi Co, the technology center encompasses more than 10,000 square meters and adds substantial capability to provide advanced gas turbine service while also reducing cycle time.
About GE
GE (NYSE: GE) is a diversified infrastructure, finance and media company taking on the world's toughest challenges. From aircraft engines and power generation to financial services, health care solutions and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's website at www.ge.com.
GE serves the energy sector by developing and deploying technology that helps make efficient use of natural resources. With nearly 85,000 global employees and 2009 revenues of US$37 billion, GE Energy www.ge.com/energy is one of the world's leading suppliers of power generation and energy delivery technologies. The businesses that comprise GE Energy - GE Power & Water, GE Energy Services and GE Oil & Gas - work together to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels.
Lamia Jaroudi
GE Energy
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+9714-429-6559
Kelly Home
ASDA’A Burson-Marsteller
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+971 4 4507 600
Nivine William
ASDA’A Burson-Marsteller
[email protected]
+971 4 4507 600