More than €25m worth of contracts signed in first three days of Gulf trade mission
8th January 2014
Results secured in Saudi Arabia and Qatar on Enterprise Ireland mission led by Taoiseach Enda Kenny and Minister Richard Bruton
Nine Irish companies have announced new contracts and business developments worth more than €25million during the first three days of this week’s trade mission to the Gulf led by Taoiseach Enda Kenny TD and Minister for Jobs, Enterprise and Innovation, Richard Bruton TD.
An Taoiseach Enda Kenny, TD, with Prime Minister of Qatar, UAE
The mission is being organised by Enterprise Ireland. Today's announcement demonstrates the huge potential for growing Irish exports in the rapidly growing Gulf market and creating jobs at home. The contracts were secured on the Saudi Arabia and Qatar legs of the five-day mission, which now moves on to the United Arab Emirates for the final two days.
- Escher Group signed a new contract with Saudi Post to extend their licence agreement from 150 – 800 operational workstations.
- Instant Upright signed a $1m deal with the Saudi Electric Company for boiler systems in the Ghazian power plant.
- Jones Engineering signed a deal worth in excess of €15m with a major multinational fast-moving consumer goods brand.
- Ezetop inked a deal with the largest retail bank in the Middle East, Al Rajhi Bank to provide software that enables the bank’s customers to buy international top ups in over 500 branches, 3,300 ATMs and 27,000 points of sale.
- Rehab Group signed an agreement worth an expected €2.3million over the first 12 months with the Human Resources Development Fund to support it in the development of its inclusive employment and pre employment programmes for people with disabilities in the Kingdom of Saudi Arabia.
- KCC Architectural, an international architectural specialist announced multiple contract wins with customers in Doha including the Kempinski Hotels, Qatar Airways and Aspeter Hospital.
- Kentz Corporation, a global engineering solutions provider, opened an office in Doha to offer specialised Oil and Gas, infrastructure and transportation sectors.
- Byrne Looby, the international engineering services provider, has entered a joint venture partnership with ASCO Consulting Engineers in Qatar.
- Díona Technologies, who provide innovative mobility solutions for the global health and human services market, announced a partnership with MDS in Qatar to accelerate the sale, distribution, localisation and implementation of Díona’s Government Enterprise Mobility solutions in the Middle East and Gulf Region.
Separately, Absal Paul, an Irish Saudi contract services provider announced that it had signed more than €100m in contracts over the past twelve months, with partners including Haliburton, the Saudi Stock Exchange, Boeing and General Electric.
Welcoming these announcements Taoiseach Enda Kenny said: "This is a fantastic result so far and I commend all of the companies who have made these announcements in Saudi Arabia and Qatar. We are immensely proud of their achievements and I assure them of the Government’s determination to provide the supports necessary to assist them in building their exports and creating the jobs we need at home".
Minister Bruton added: “More exports means more jobs in Ireland and at the heart of our Action Plan for Jobs is driving the creation of a powerful engine of exporting Irish businesses. That is why we have put in place measures like doubling the number of trade missions and providing new supports for exporting Irish companies. The announcements of €25million worth of contracts by nine companies during the first three days of this major trade mission shows the huge opportunities that exist in these exciting markets, and represents a major achievement for these companies. I congratulate them on their success and look forward to further results over the coming two days”.
Julie Sinnamon, CEO Enterprise Ireland, who is accompanying the Taoiseach and Minister Bruton, added: “The activity and success across a wide range of sectors demonstrates the opportunities that exist in the Gulf for Irish companies with high quality and innovative solutions. Enterprise-Ireland will continue to work with our companies to ensure they have all the supports they need to compete and win in these important markets”.
For further information contact Enterprise Ireland:
Tel. 086 8699703
Department of Jobs, Enterprise and Innovation: