 |
|
Officials of the two companies at the signing ceremony |
Sheikh Fahed bin Mohamed bin Fahed al-Thani and Sheikh Jabor al-Thani and the board members of both organisations signed the agreements.
Voith Etimaad Industrial Services is an outcome of the strategic vision shared by the leadership of both organisations to provide world-class plant maintenance, turnaround and special services for oil and gas, power, petrochemical, steel, water treatment and other
industries in Qatar.
Voith, a 145 years old family owned company, with a turnover of 5.3bn euro and 40,000 employees, is a market leader in Europe for maintenance and technical services.
Etimaad Group is a leading industrial and infrastructure services provider in Middle East and in Pakistan with more than 6,000 employees serving operations in Qatar, Saudi Arabia, Abu Dhabi and Pakistan.
Michael Rau, managing director, Voith Etimaad Industrial Services Qatar, said knowhow and human resource are the company’s main capital and safety, education and training are the key components for sustainable development.
Sheikh Fahed bin Mohamed bin Fahed al-Thani said the joint venture will contribute significantly for the shutdown and maintenance needs of Qatar’s industrial services sector.
He added that Qatar Etimaad has executed more than 30 diversified projects with large EPC contractors and Q-companies in Qatar over the last four years.
Sheikh Jabor al-Thani stated that “together, we will create more value for our customers, shareholders and employees.”
“I am confident that this ‘east and west merger’ would be a big success in the days ahead and will become a symbol of assurance for providing first-class maintenance services in Qatar,” he added.
Syed Najeeb Jaffery, CEO and general manager, Etimaad Qatar, hoped that Voith Etimaad JV company will bring short-term and long-term benefits to all the clients it serves.
“With Etimaad’s proven track record of delivering green field and brown field projects successfully in the Middle East and Pakistan and the technological and specialised services niche of Voith stretched to more than a century, industrial facility operators in Qatar have now ‘a one-stop shop’ to get their diversified plant maintenance needs fulfilled with peace of mind.”
