To support its expansion strategy, group company Belven has opened a new office in the Dubai South free trade zone. The ribbon-cutting ceremony took place at the beginning of March. The company already had offices in Moscow, Hong Kong and Tianjin (China) and now has four foreign subsidiaries.
The focus in the initial phase will be on flow applications for building technologies and district cooling in the United Arab Emirates and the Arab states of the Persian Gulf. The technologies of district cooling and district heating are very similar and therefore, the expertise of the new subsidiary can also be applied to comparable applications in Western Europe, Asia and Russia.
The former Balmatt site in the Belgian Campine region is an example of the exchange of expertise, where the research and technology organisation Vito recently started the construction of the first deep geothermal energy plant in Belgium, an 8 million Euro project. Belven N.V. provides the shut-off valves for this innovative project, in close collaboration with main contractor Engie-Fabricom. The project is to be delivered in the second half of 2018.
The Dubai subsidiary will be expanded gradually to become the leading flow specialist for the Middle East and North Africa.
Prestigious projects in the near future
The Belven team in Mechelen, Belgium, already has acquired experience in the region via local agents. This includes finished projects for Ferrari World Abu Dhabi and the Dubai Metro. The World Expo Dubai in 2020 and the FIFA world cup in Qatar in 2022, among others, offer unique opportunities for the new office to capture a strong market position.
By the end of this year, a team of ten employees will be working at the new office. In Belgium, Belven has approximately forty employees working under Geert Van Mechelen, General Manager and owner of Belven N.V.