QFZ, Siemens Energy sign MoU to establish regional service centre in Qatar’s free zones

  • Date: 15-May-2024
  • Source: Gulf Times
  • Sector:Oil & Gas
  • Country:Qatar
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QFZ, Siemens Energy sign MoU to establish regional service centre in Qatar’s free zones



Qatar Free Zones Authority (QFZ) and Siemens Energy, headquartered in Germany, have signed a memorandum of understanding (MoU) to facilitate the establishment of a state-of-the-art service centre within Qatar’s Ras Bufontas free zone on the sidelines of QFZ’s participation in the Qatar Economic Forum.The MoU was signed by Sheikh Mohamed bin Hamad bin Faisal al-Thani, CEO of QFZ, and Herbert Klausner, managing director of Siemens Energy Qatar and Siemens Energy KPS Kuwait, in a ceremony attended by senior executives from both entities.Sheikh Mohamed said: “This MoU with Siemens Energy will facilitate the establishment of a service centre for the maintenance and repair of rotating equipment here in the free zones in Qatar, which is a testament to QFZ’s robust infrastructure and strategic location.“The facility at Ras Bufontas free zone will be a regional service hub for Siemens and other original equipment manufacturers (OEMs) across the Middle East and the Asia Pacific regions in the energy sector.”He said: “By welcoming Siemens Energy to our free zones, we will be integrating advanced technological solutions and cultivating local expertise in process innovation around high-speed balance technology and other digital solutions through client training.“This partnership will encourage a broader collaboration between Siemens Energy and