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Altaaqa Global officials at the launch ceremony.

Altaaqa Global breaks ground on new Dubai HQ

DUBAI, December 11, 2014

Altaaqa Global CAT Rental Power, the global provider of temporary power solutions, has broken ground for its new headquarters at the Dubai World Central, UAE.

Located on a 40,000-sq-m plot of land, the facility will house the head office, a state-of-the-art asset monitoring and control center, a training centre, an equipment servicing centre, and recreational areas - together serving as the hub for the company’s worldwide operations.

The ceremony was led by Altaaqa Global chairman Fahad Y. Zahid, and was attended by company executives, personnel and other senior officials.

A subsidiary of Zahid Group, Altaaqa Global, has been selected by construction equipment giant Caterpillar to deliver multi-megawatt turnkey temporary power solutions worldwide.

Speaking at the launch,  Zahid said: "Once completed, the headquarters will propel Altaaqa Global to the position of a global operator with its own resources to manage, maintain and service its assets in-house, shortly after its inception."

"The facility will also give the company the means to control its global footprint from a single, central station. With a professional and passionate team, eager to serve and provide vital power on demand, we are enthusiastic about Altaaqa's future, and our ability to expand into many countries where electricity is scarce and in high demand,” he added.

Steven Meyrick, the board representative of Altaaqa Global, said the company will also start the construction of the first totally dedicated Caterpillar IPP ( Independent Power Producer) facility in the world.

Although we all look forward to the completion of the construction phase of our facility, the company will not achieve greatness through bricks and mortar: These are simply tools. It will always boil down to the quality and dedication of a company’s employees: They alone will transform a good company into a great one,” he added.-TradeArabia News Service




Tags: Caterpillar | Dubai World Central | Altaaqa Global |

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