Press

Alderley gears for IKTVA growth in Kingdom of Saudi Arabia


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 9025m², 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.



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https://alderley.com/press-releases/iktva-growth/

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