Alderley Gears for IKTVA Growth

Posted on November 4, 2016 · 2 min read

Alderley Gears for IKTVA Growth - Featured Image | MEA Markets
Share this article
Image

Alderley is currently gearing up for IKTVA growth in the Kingdom of Saudi Arabia and are delighted to have recently secured a new facility. The new facility located at the MODON (Saudi Industrial Property Authority) 2nd Industrial City in Dammam, a total of 9025m’, will have four times the manufacturing capacity of their existing site in Dammam.

Alderley have been operating in the Kingdom for over 11 years and are predominantly recognised for top engineering and the manufacturing of metering and control systems. To date Alderley provide a range of through-life support services to the 122 liquid metering systems and 72 gas metering systems installed across the Kingdom. 

This substantial investment in new facilities demonstrates Alderley’s ongoing commitment to further strengthen local Saudi manufacturing and play their role in contributing to Saudi Aramco’s In-Kingdom Total Value Add (IKTVA) Program. 

Matthew Way, Chief Operating Officer for Alderley plc, comments, ‘I am extremely delighted by the purchase of the new facility, which will enable Alderley to keep growing in the Kingdom. Our aim is to increase our local workforce in Dammam and focus on the things we do best ‘ project management, engineering and manufacturing of Modular Packages for the oil and gas industry.’

Matthew continues by saying, ‘Alderley’s history demonstrates the commitment to investing and manufacturing in the Kingdom, which provides a great platform to build upon. Our recent acquisition strengthens our strategic direction in support of IKTVA and Saudi Vision 2030 through increasing our supply chain capabilities and creating highly skilled and specialised working opportunities within the Kingdom’  

Alderley Dammam is part of the Alderley Group specialising in the engineering, supply, operation and through-life support services of bespoke modular packages to the oil and gas industry.

You might also like

Looking for more? Gain deeper insights with these recommended articles, selected to provide further value.

March 7, 2018 SANS Abu Dhabi 2018 Announced

Recognizing the need for Middle East enterprises to identify and react to cyber-attacks as rapidly as possible, SANS Institute, the global leader in cyber security training, today announced 'SANS Abu Dhabi 2018' a series of training cour...

January 30, 2020 Saudi-Based Startups Draw Record Number Of Deals In 2019

Proving an outstanding year for entrepreneurship, 2019 saw Saudi Arabia’s startups attract $67 million worth of investments, a new report shows. This is an increase of 35 percent from 2018.

June 5, 2024 Orange Middle East and Africa Strengthens its Social and Environmental Commitment by Involving its Employees Through the Engage for Change Program

Business people hold plant together in unity and teamwork concept of eco company committed to corporate social responsible, reducing CO2 emission, embrace ESG principle for sustainable future

Join our newsletter.

Gain Access To Exclusive Content

Stay Updated With The Latest News

It's Free To Subscribe

By signing up, you agree to receive marketing emails.

Join our newsletter box - side image
Trusted by the best teams around the world