Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi- Skilled work force can deliver success  Join our daily free Newsletter

MENAFN - Arab News - 04/09/2012

No. of Ratings : 0
Add to Mixx!


 


GE
(MENAFN - Arab News) Saudi Arabia is one of General Electric Company's (GE's) core markets. With sales of 147.3 billion last year, GE is one of the world's largest companies. It has had a long and historically successful presence in the Kingdom.

Since supplying the Kingdom with turbo-machinery for its first oil expedition in 1942, the American giant has been Saudi Arabia's key growth technology partner, according to Hisham Bahkali, a dynamic and energetic engineer from Riyadh, who was recently appointed as GE president and chief executive officer for Saudi Arabia and Bahrain. During his recent visit to GE Energy Manufacturing Technology Center (GEMTEC) in Dammam, Bahkali spoke exclusively to Siraj Wahab of Arab News and explained the company's focus on localization, its partnership agreements with local universities, future strategy and the company's ongoing headline projects.

Excerpts:

How has the journey been for GE in Saudi Arabia? You count on an 80-year heritage ...
The Kingdom of Saudi Arabia is one of our core markets in the region. Here we have established long-term partnerships in growth sectors that bring a positive difference to the wellbeing of the people. We will continue to be part of the Kingdom's growth goals emphasizing on economic diversification, creating jobs for talented Saudi youngsters and promoting regional research. You know that Saudi Arabia is witnessing one of the most exciting developmental phases, with strong investments in new and emerging technologies. Our priority areas will be to strengthen our existing partnerships and to continue to create more growth opportunities for skilled Saudi professionals. We have steadily expanded knowledge-sharing initiatives having trained over 1,500 Saudi professionals in the health care, energy and aviation sectors. Recently, we established a technical academy in partnership with the Technical and Vocational Training Corporation (TVTC) to grow the Saudi technical talent pool. We plan to double our work force in the Kingdom by 2013. It gives me pleasure to state that today, more than 500 GE turbines generate over 50 percent of our country's electricity. Our company's advanced technology produces 180 million liters of clean water, which is then delivered to the Kingdom's remotest corners. You will be delighted to know that over 20,000 GE health care technologies serve nearly 90 percent hospitals in the Kingdom. So we have an excellent track record of contribution to the Kingdom's development. It is this trust and our hard work that has helped our company grow in Saudi Arabia.

Can you tell us more about GEMTEC. This technology center was opened last year. Did it achieve the intended targets in the first year of its operation?
Yes, very much, and more. We have been and are working very hard on this facility. We have invested SR 1 billion here. Since the center's inauguration in June 2011, it has helped serve more than 50 customers, not just in the Kingdom but also across the Middle East and Europe. GEMTEC also extended service support to more than 450 gas turbines. As you know, this center consists of three key main components - a manufacturing facility of high-technology equipment for the power, water and oil and gas industries; a service and repair center for advanced turbine equipment; and a training center that offers the latest technology and managerial courses for college students, field engineers and other power industry professionals throughout the region. As the largest energy facility of its kind today, GEMTEC underlines GE's long-term commitment to Saudi Arabia. We are proud to be serving the technology and service needs of our prestigious customers such as Saudi Electricity Co., Saudi Aramco, Marafiq and Saudi Basic Industries Corp. (SABIC). Right from the beginning, the center's focus has been on technical talent development to support the Kingdom's growing energy infrastructure. This has provided a big boost to the Kingdom's efforts in establishing itself as a technology hub for the global energy industry. To complement the human development goal outlined in Saudi Vision 2020, the massive facility is employing more than 500 technologists and training many others under the Saudi-GE Joint Technical Program. The program participants are being trained in key areas of maintenance and repair of gas turbines, electrical motors and generators that are critical to the efficient generation of electricity in the Kingdom.

Can you, for the benefit of our readers, elaborate on GE's involvement in the various energy infrastructure projects?
Sure. We just talked about GEMTEC. That is one. Then we have Marafiq Integrated Water and Power Plant (IWPP), Riyadh Power Plant 9, Riyadh Power Plant 10, Saudi Aramco Shaybah Expansion, GE Saudi Water and Process Technology Center, GE Fuel Research Center at King Fahd University of Petroleum and Minerals, and Air-cooled Heat Exchanger Manufacturing Facility (MEHECO). There are many others. We delivered advanced power generation technology and services to Marafiq, the world's largest independent water and power plant, located in Jubail. Recognizing the key role we played in the development of this milestone project, GE received the Marafiq award for sustainability. The Marafiq IWPP project also reflected GE's commitment to ecomagination, the company's corporate initiative to imagine, build and deliver innovative solutions that solve today's environmental challenges and benefit customers and society at large. Regarding Saudi Electricity Company's Riyadh Power Plant 9 (PP9), it is the Kingdom's and the region's largest power plant. It is also Saudi Arabia's first non-coastal combined cycle power plant. Located 54 km east of Riyadh, PP9 generates 4,000 megawatts with 60 massive GE turbines. This constitutes 35 percent of SEC's power generation capacity in the Central Region. As for Shaybah, it is Saudi Aramco's most remote oil field, located in the southeast. In order to enhance oil production and the gas-oil ratio, Saudi Aramco selected GE for agreements totaling nearly 500 million to supply a broad range of equipment and services for an expansion of the Shaybah gas-oil processing facilities. To generate the additional 729 megawatts of power, GE supplied 11 gas turbine-generator units, 44 compressors, motors and services. Since supplying the first gas turbine to the Kingdom's first refinery in 1942, GE has, to date, delivered more than 110 gas turbines and nearly 100 centrifugal compressors to Saudi Aramco. I just mentioned GE Saudi Water and Process Technology Center in Dammam. Here we invested nearly SR 40 million. It is a joint venture with Al-Tamimi Group. Then we have the GE Fuel Research Center at KFUPM King Fahd university of Petroleum and Minerals, which will work to coordinate a number of fuel-related research and development programs. These include potentially expanding the use of alternative fuels to better utilize the Kingdom's existing resources in addressing fuel issues, operating efficiency and emissions.

Talking about KFUPM, GE has initiated a number of training programs for Saudis and has signed up with local universities to meet localization targets.
We are fully aware that a trained and empowered work force plays a key role in the long-term sustainability of the Kingdom's energy infrastructure. Therefore, we have been actively expanding our knowledge-sharing and training commitment. This also coincides with the emphasis that the government has placed on development of the Kingdom's human resources, as spelled out in the Saudi Vision 2020. And so building on the successful graduation of the pioneering class of the GE Joint Technical Program (GE-JTP) with the Technical and Vocational Training Corporation (TVTC), GE and TVTC inked a five-year memorandum of understanding to expand the GE-JTP. The agreement paves the way for the expansion of the existing GE-JTP curriculum, which includes training and testing of key areas of the repair of gas turbines, electrical motors and generators. Aiming to train up to 100 graduates annually, the GE-JTP is designed to ensure that graduates of the program will obtain the optimal qualifications to support the future growth of the Kingdom's national economy.

What about specific agreements that GE signed with local universities?
Yes, we have formed partnerships and joint programs with leading educational institutions. Current programs include internships and co-op programs with premier institutions such as Dammam College of Technology and Al-Ahsa College of Technology. As a result of the collaboration with KFUPM, there are now more than 50 KFUPM graduates working in GE's energy business in the Kingdom. Other partner institutions include King Faisal University and Prince Mohammad bin Fahd University. Let me also tell you about the GE Graduate Management Program. To date, the GMP program has had more than a dozen participants from Saudi Arabia.

Having been appointed as a Saudi Arabia and Bahrain CEO, how does it feel?
I joined GE 15 years ago. I was a young engineer having done my bachelor's degree in electrical engineering from Riyadh's King Saud University. I always knew of GE as a highly reputable international company. For me, it has been a long, fruitful and satisfying journey. My family was looking forward to me joining Saudi Aramco or SABIC or even Saudi Arabian Airlines. Those were the three companies that every Saudi wanted to join in those days. But my heart was set on GE. I joined the company in 1997 as a customer service manager for GE Energy. Throughout my years at GE, my focus was and still is on leading and driving the company's commercial and operational strategy in Saudi Arabia by creating, communicating and executing on growth plans, identifying and developing new business opportunities, creating a growth culture, building capacity and capability, and building relationships with key customers and the government. The company's philosophy is to reward hard work. It gave me many opportunities to prove myself. So here I am. Alhamdulillah. GE is here to stay to script more success stories.

 






  MENA News Headlines
Apr 24 2014Qatar- HH Sheikha Moza Meets Mayor of Kobe Visits RIKEN Research Institution ,Qatar News Agency
(MENAFN - Qatar News Agency) Kobe April 24 - Her Highness Sheikha Moza bint Nasser Chairperson of Qatar Foundation for Education Science and Community Development (QF) today held a meeting with the ...

Apr 24 2014Qatar- Sidra-BMC Event Boosts Biomedical Research Publishing ,Qatar News Agency
(MENAFN - Qatar News Agency) Doha April 24 - A symposium organised jointly by Sidra Medical Research Centre and BioMed Central (BMC) mulled trends in research and on open access publishing here ...

Apr 24 2014Qatar- Mannai Corp Q1 Net Profit up 73% to QR 150.1 Million ,Qatar News Agency
(MENAFN - Qatar News Agency) Doha April 24 - Qatar Exchange listed Mannai Corporation (QE: MCCS) net profit is up 73% to QR 150.1 Million for the first quarter of fiscal year 2014 ending March 31 ...

Apr 24 2014Bahraini firms forecasted to grow 10 pct ,MENAFN
(MENAFN) In a report based on a study of over 650 companies across GCC, Kuwait Financial Centre (Markaz) forecasts a growth of the Bahraini companies' earnings by 10 percent in 2014, Gulf Daily News ...

Apr 24 2014Israeli Army Storms Deir Samit Village West of Hebron ,Qatar News Agency
(MENAFN - Qatar News Agency) bron April 24 - Israeli army forces stormed at dawn Thursday Deir Samit village southwest of Hebron city in the West Bank. The Israeli forces conducted raid and search ...

Apr 24 2014Qatar Airways to add more seats on Doha-Vienna route ,MENAFN
(MENAFN) Qatar Airways plans to offer more 1.700 seats on its Doha-Vienna route beginning from September 2014, according to Gulf News. The company aims to expand the growing passenger demand from ...

Apr 24 2014Qatar- QFC Authority Five-a-Side Football Tournament Kicks Off ,Qatar News Agency
(MENAFN - Qatar News Agency) Doha April 24 - Qatar Financial Centre (QFC) Authority's first Five-a-side Football Tournament is displaying dribbling skills of executives from Doha's financial ...

Apr 24 2014Qatar Stock Exchange Down 0.05% ,Qatar News Agency
(MENAFN - Qatar News Agency) Doha April 24 - The Qatar Exchange ended in the red area when trading closed Thursday at 12954.93 points (0.05%) down 6.63 points from the previous closing of 12961.56 ...

Apr 24 2014Israeli Tanks Enter Gaza Border area ,Qatar News Agency
(MENAFN - Qatar News Agency) Gaza April 24 - Six Israeli military tanks on Thursday entered a border area in the southern Gaza Strip witnesses said. The tanks crossed into Gaza in an area called ...

Apr 24 2014President Salva Kiir Relieves his Chief of the General Staff ,Qatar News Agency
(MENAFN - Qatar News Agency) Juba April 24 -South Sudanese President Salva Kiir relieved Chief of the General Staff of south sudan army James Hoth Mai. This came in a presidential decree aired ...

Apr 24 2014Omani non-oil exports to enter African markets ,MENAFN
(MENAFN) A senior official at the Oman Chamber of Commerce and Industry (OCCI) said that the Sultanate is seeking expansion in new African markets, in a time it is looking forward to reduce its ...

Apr 24 2014US Secretary of State Meets Egyptian Intelligence Chief ,Qatar News Agency
(MENAFN - Qatar News Agency) shington April 24 - US Secretary of State John Kerry has met with the Egyptian Intelligence Chief Major General Mohammed Ahmed Fareed al-Tohami who is currently ...

Apr 24 2014Afghan Guard Shoots Dead 3 Foreigners in Hospital ,Qatar News Agency
(MENAFN - Qatar News Agency) Kabul April 24 - Three foreigners including a doctor were shot dead and their colleague wounded when a guard of a private Cure Hospital opened fire on them in the ...

Apr 24 2014Uruguay Public Health Minister Meets HE Qatari Ambassador ,Qatar News Agency
(MENAFN - Qatar News Agency) Montevideo April 24 -Minister of Public Health in Uruguay Maria Susana Mu?iz met here on Thursday with HE qatari ambassador to the republic of Uruguay mohamed hassan ...

Apr 24 2014Egypt's Interim President Receives Phone Call from South African President ,Qatar News Agency
(MENAFN - Qatar News Agency) Cairo April 24 - Egypt's Interim President Adly Mansour has received a telephone call from President of the Republic of South Africa Jacob Zuma in which they discussed ...

Apr 24 2014King bids to reassure Saudis as MERS deaths hit 85 ,AFP
(MENAFN - AFP) King Abdullah was in the Saudi commercial hub of Jeddah on Thursday in a bid to reassure a worried public as the death toll from the MERS virus hit 85. The Red Sea city has seen a ...

Apr 24 2014QBA strengthens economic ties with Kenya ,MENAFN
(MENAFN) Members of the elite Qatar Businessmen's Association (QBA) stated their willingness to cooperate with their Kenyan peers, strengthening economic ties between Qatar and Kenya, The Peninsula ...

Apr 24 2014Russian Lebanese Foreign Ministers to Discuss Situation ,Qatar News Agency
(MENAFN - Qatar News Agency) scow April 24 - Russian Foreign Minister Sergei Lavrov and his Lebanese counterpart Gebran Bassil will discuss bilateral relations at a meeting in Moscow on Thursday as ...

Apr 24 2014Kuwait inflation edges up 2.96% y/y in March ,Arab Times
(MENAFN - Arab Times) Wait city april 23 (kuna): kuwait's annual record of the general index of consumer prices (inflation) rose in march by 2.96 percent compared with the same month of last year ...

Apr 24 2014GLOBAL MARKETS SEESAW ON UKRAINE ,MENAFN Press
(MENAFN Press) The events in Ukraine have had a limited impact on MENA markets. Despite the Dubai index sliding 1.5%, trading volumes remained healthy. Quarterly corporate earnings results released ...

more...


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help