GE Drives Regional Supply Chain at Power Partnership Summit

Press release
Published May 6th, 2019 - 08:59 GMT
During the event
During the event
Highlights
GE (NYSE: GE) hosted the Power Partnership Summit in Dubai, UAE

GE (NYSE: GE) hosted the Power Partnership Summit in Dubai, UAE, convening over 150 representatives of organizations working across the power sector in the Middle East, North Africa and Pakistan. The forum highlighted GE’s commitment to develop a robust supply chain to serve the region’s energy ecosystem as part of its strong footprint of regional services, repairs, manufacturing, projects and research initiatives.

“Our collaborations with local organizations are a part of GE’s commitment to create high-quality jobs, further diversify the economy, strengthen indigenous supply chains and provide the infrastructure necessary for sustainable development across the region,” said Joseph Anis, President & CEO of GE’s Gas Power Systems and Power Services businesses in the Middle East and South Asia. “With MENA’s demand for power expected to grow threefold by 2050, we must develop strong local capabilities and work together to bring more reliable, efficient and affordable power online for the communities we serve.” 

In 2018, GE Power worked with over 1,200 suppliers, generating $500 million in business for them. Furthermore, suppliers had training and growth opportunities such as access to GE’s globally-recognized programs on quality, environment, health, integrity and safety standards, as well as exposure to industry-leading technologies and innovative projects.

The Summit also included a ‘Key Suppliers’ awards ceremony to recognize the achievements of vendors and contractors who delivered exceptional outcomes in 2018. Suppliers were assessed on the quality of goods and services provided, ensuring timely project execution, driving competitive costs, as well as overall collaboration. Winners included Algeria’s Maintenance Des Equipements Industriels (MEI), Egypt’s Kharafi National, Pakistan’s Etimaad Engineering and Saudi Arabia’s Al Mousa Company.

 

GE has a significant legacy of supporting the development of industrial infrastructure in the UAE in addition to its contributions towards strengthening indigenous entrepreneurship and the regional supply chain. GE has set up the Middle East’s first GE Monitoring & Diagnostics Center in Jebel Ali that enables its customers to reduce operational downtime and scale up productivity through the real-time monitoring of power plant assets. GE also has a Global Repair Solutions Jebel Ali Service Center which is the only facility of its kind in the Middle East, North Africa and Pakistan region with two dedicated workshops – one each for gas turbines and generators – and can service power generation equipment by GE as well as other original equipment manufacturers.

Background Information

General Electric

GE provides knowledge, capacity building and training to empower the region’s workforce. Thirty percent of the Middle East and North Africa’s population is between the ages of 15 and 29. In the UAE, we’re partnering with the Mubadala Development Company to build local capacity by empowering local talent through trainings at our Leadership Acceleration for Business (LAB) initiative.

With 76 nationalities working in the region, GE proudly fosters diversity in the workforce. To accelerate the advancement of women, the Women’s Network, an affinity network at GE, creates opportunities for female employees to cultivate their leadership and business skills. GE is not just watching as the region realizes its future; we’re partnering to help build it.

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