The new Nairobi
office will serve as a hub for Altaaqa Global’s sales and operations in the
East Africa region
Peter den
Boogert, General Manager of Altaaqa Global, said, “The business activities in
the East Africa region are flourishing and the economy has been thriving throughout
recent years, resulting in an increased demand for power. At Altaaqa Global, our
objective is to be on the ground as quickly as possible when customers require
our energy solutions, and our new branch will enable us to reach this region faster
than before. We realize that our industry is driven by emergency needs and hard
deadlines, but uses equipment that requires substantial lead times to acquire. With
the combined fleet of our sister company in Saudi Arabia, Altaaqa Global has approximately
1,400 MW of rental power readily available so that we can focus our efforts on
rapid deployment and customer satisfaction.”
Steven
Meyrick, Board Representative of Altaaqa Global, commented, “This strategic
expansion is in line with our vision to be the leading and the most preferred
temporary power solutions provider before year 2020. During our geographic
expansion, we will continue to heavily invest in human resources, further improve
our business processes, and expand and diversify our fleet of CAT power
generators. We now have the capability to provide power plants running on
various fuel, such as piped natural gas (PNG), liquefied petroleum gas (LPG),
compressed natural gas (CNG), liquefied natural gas (LNG), flare gas, diesel,
dual-fuel (70% gas and 30% diesel), and, very soon, heavy fuel oil (HFO).”
Altaaqa
Global will also provide environmental and social programs in East Africa.
Meyrick added, “As part of our commitment to help local communities in East
Africa and, eventually, in the entire Sub-Saharan region, we are actively
embracing corporate social responsibility initiatives that will help alleviate
the social needs of our immediate environs.”
“East Africa
has a promising economic outlook within the energy and engineering sectors,”
said Majid Zahid, Strategic Accounts Director of Altaaqa Global. “We are
delighted to open our new office to provide interim power plants ranging in size
and with the latest power generation technologies. We are determined to serve
various industries, such as oil & gas, petrochemicals, mining, electric
power utilities, industrial manufacturing and maritime. Through our office in
East Africa, Altaaqa Global will be able to provide our clients with
uncompromising personalized service. In the energy rental industry, all
requirements are treated as individual and unique, and we will be able to
deliver the exact rental power station to all of our enquiries using our local
knowledge and global expertise.”
East Africa
has experienced encouraging economic growth in recent years, and is gradually
being regarded as an important supplier to different markets around the world.
Market analysts attribute the notable growth of the region to several factors,
including large-scale infrastructure development, economic reforms and new
discovery of energy and natural resources. Kenya, among other African
countries, is expected to become a vital regional financial and business hub,
with a consistent 5% to 7% economic improvement year-on-year. Tanzania,
Somalia, and Uganda are also predicted to make inroads into
economic stability, following the discovery of oil and gas in their
territories. Additionally, Ethiopia and Rwanda are projected to show remarkable
development, owing to an expansion in agricultural activities and a strong
reform record, respectively.
-- End --
About
Altaaqa Global
Altaaqa
Global, a subsidiary of Zahid Group, has been selected by Caterpillar Inc. to
deliver multi-megawatt turnkey temporary power solutions worldwide. The company
owns, mobilizes, installs, and operates efficient temporary independent power
plants (IPP’s) at customer sites, focusing on the emerging markets of
Sub-Sahara Africa, Central Asia, the Indian Subcontinent, Latin America, South
East Asia, the Middle East, and North Africa. Offering power rental equipment
that will operate with different types of fuel such as diesel, natural gas, or
dual-fuel, Altaaqa Global is positioned to rapidly deploy and provide temporary
power plant solutions, delivering electricity whenever and wherever it may be
needed.
About Zahid
Group
Zahid Group
represents a diverse range of companies, offering comprehensive,
customer-centric solutions in a number of thriving industries. Some of those
include construction; mining; oil & gas; agriculture; power, electricity
& water generation; material handling; building materials; transportation
& logistics; real estate development; travel & tourism; waste
management & recycling; and hospitality.
PRESS
INQUIRIES
Robert
Bagatsing
Altaaqa
Global
Tel: +971 56
1749505
READER
REQUESTS
Altaaqa
Global
Marketing
Department
P.O. Box
262989
Dubai,
United Arab Emirates
