Time: 05 February, 2020
HVAC company Johnson Controls (YORK) will expand its factory located in the King Abdullah Economic City (KAEC) to become one of the largest companies in the Middle East, in partnership with International Hospitals Construction Company (IHCC), which will execute the project.
Both companies signed an agreement on Feb. 2 in a ceremony that was attended by KAEC CEO Ahmed Linjawi.
Linjawi wished both the firms success for the project, describing Johnson Controls and IHCC as “permanent partners” of the KAEC.
Both the companies have previously implemented more than one successful project within the KAEC.
CEO of Johnson Controls Dr. Mohanad Al-Shaikh said the expansion would result in making the factory facility largest in the Middle East. He expressed his trust in IHCC for the execution of the project in accordance with world-class standards.
CEO of IHCC Sultan Sobhi Batterjee said the establishment of the project in KAEC aims at localization. “This is an initiative to establish the largest factory in the Middle East within the Kingdom of Saudi Arabia that would cater to the demand with Saudi products,” he said.