Saudi Ministry of Education to showcase innovations at 2025 Geneva International Exhibition    7,523 violators of residency, labor, and border security laws deported in a week    Video contradicts Israeli army account of deadly March 23 strike on Gaza paramedics    Saudi Arabia spends over $241 million to implement de-mining projects in 3 countries    Italy's Meloni government approves controversial security decree expanding police protections and penalties    Egypt submits new Gaza ceasefire and prisoner exchange proposal: Report    'Everything is possible' — Ronaldo focused on titles, not 1,000-goal milestone after Riyadh Derby win    Saudi, US military leaders discuss enhanced defense cooperation in Riyadh    King Salman Global Academy for Arabic Language launches program with Indiana University    Ronaldo brace powers Al Nassr past Al Hilal in Riyadh derby thriller    Ed Sheeran weaves Persian music into new song, Azizam    Al-Jadaan: Crown Prince's directives confirm government's ability to bring back balance to real estate market    Veteran Bollywood actor Manoj Kumar dies at 87    Foreign investors are allowed to engage in real estate business outside Makkah and Madinah Commercial speculation should not be the purpose of real estate transaction    Aubameyang fires Al Qadsiah into King's Cup final with stoppage-time winner over Al Raed    Musk's X is suing India, as Tesla and Starlink plan entry    Tesla sales plunge after backlash against Elon Musk    Danilo Pereira fires Al Ittihad into King's Cup final with dramatic stoppage-time double    Screen time in bed linked to insomnia, study finds    Mexico bans junk food in schools to fight childhood obesity epidemic    Sweet sales surge ahead of Eid as Saudi chocolate imports top 123 million kg in 2024    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Daikin strengthens operations in MEA amid opportunities
Published in The Saudi Gazette on 10 - 11 - 2019

Daikin MEA Vice President - Sales Tuna Gulenc in an interview discusses the reasons and objectives behind the company's relocation of its regional HQ to Dubai, UAE.
Q – The relocation of the regional HQ to Dubai, UAE is just one step in a long-term vision for Daikin to maintain and enhance a strong market presence in the region. Could you share the driving force behind the decision and what it means for the organization's operations in the Middle East and KSA in particular?
A – Daikin Middle East & Africa has now fully developed its operations in the region, with its operations ranging from manufacturing, service provision to aftermarket support. The move demonstrates our commitment to maintain market leadership wherever we operate while also consolidating our presence in the MEA region. We are still on the way and at the very beginning, yet we are confident in achieving our vision to build a company that will last 100 years and more.
We are a manufacturing company operating across a highly competitive and fast changing marketplace, which is why we think that the only way to survive and to win is to strive every day with strong determination and to be one percent better as compared to our version of the day before and continuously staying a half step ahead of the competition. What keeps us focused, committed and motivated every day goes way beyond the numbers, revenues, profits or market leadership but rather the idea that we are building an institution – a company that will last one hundred years and more. We are building an organization that will serve our customers better every day and in every way by training and employing highly qualified and skilled staff. We envision an institution that will further contribute to our society, environment and our planet.
Q – There are several of the latest technological innovations that have been incorporated into the new office in the UAE. Could you provide some insights into their capabilities and how they will accommodate expansion and new operations in KSA?
A – The new office AC design has been made to include the latest technological solutions of Daikin across the wide product range sold in the region. The move is aimed at making the facility a live showcase where customers and clients can feel the experience first hand--seeing the benefits and advantages to be gained from using such systems in their applications. The same solutions are promoted in the Kingdom accordingly.
Q – What are some of the advantages that clients in the KSA will benefit from in the years ahead as Daikin pursues expansion plans throughout the Middle East?
A – Daikin Saudi was established in 2013 as one of the key strategic expansion plans of Daikin MEA in the region, which reflects our understanding of the importance and potential of the Saudi market. The new facility, academy, AHU factory and future Experience Center have been created to serve as strategic business support for KSA to help us in further promoting and increasing our reach in the market. Clients are welcome to visit, explore and experience our facilities in the Kingdom.
Q – What opportunities are you seeing in KSA?
A – As part of Vision 2030, time and business are changing in Saudi Arabia, where industry experts are forecasting a significant shift from oil production source to investment in other businesses and starting in generating revenue from other sectors and maintaining stability in terms of high demand and speed of executing projects according to certain government strategies, which has kept the major drive for overall Saudi business including the private sector.
Q – What growth segments within KSA have been identified by Daikin and how do you aim to address the demand within these emerging sectors?
Since we first established our presence in Saudi Arabia in 2013, we found that there is remarkable growth across some of the Kingdom's key sectors, like:
1 - Healthcare Sector
The Saudi Government has remained true to their expansion plans, especially in the remote areas and building small/medium hospitals. Meanwhile, the private sector has started to place large investments in the construction of hospitals, clinics and medical centers.
2 - Housing Sector
The ‘Sakani' initiative represents the new vision and program initiated by the Ministry of Housing. In line with this, private developers have now started business partnerships and have begun building thousands of villas and flats for local people sponsored by banks with very low interest rates.
3 - Entertainment & Hospitality Sector
To date, there are now new cities, villages and construction projects underway to establish the future entertainment scene in Saudi under the direct supervision of the government.
Q – Daikin has always been the regional market leader with regards to introducing climate friendly refrigerants. How do you plan to maintain this position? Are there any recycling schemes for relevant products or programs aimed at educating stakeholders on the benefits of switching – especially considering the HFC phase-down date for countries under Article 5 Group 2?
A – Daikin has a long history of global innovation leadership and is committed in the move to reduce the environmental impact of cooling, heating and refrigeration systems. It also has the unique position and expertise that comes from both manufacturing equipment and refrigerants. We are committed to bring to this region such innovations.
The successful launch of the first inverter air conditioner using the low GWP R-32 refrigerant was a step in this direction.
The countries that ratified the Kigali amendment to reduce the global warming impact of HFC refrigerants are now working to replace refrigerants commonly used today with those having a lower environmental impact. To support this transition, Daikin has recently announced providing free access to its patents covering HVAC equipment using the low GWP R-32 refrigerant. On a regional level, we have been supporting the UN program to help regional manufacturers in their evaluation of low GWP alternative refrigerants suitable for high ambient operations. — SG


Clic here to read the story from its source.