Sharjah: The Sharjah Airport International Free Zone (SAIF Zone) has announced that GE Vernova, a purpose-built global energy company comprising Power, Wind, and Electrification segments, is expanding its operations in the free zone with the opening of a 4,300-square-foot warehouse. The new facility, unveiled during a ribbon-cutting ceremony, aims to meet growing demand and enhance the company's storage and operational capabilities as it scales up its activities in the region.
According to Emirates News Agency, the warehouse was officially inaugurated by Saud Salim Al Mazrouei, Director of SAIF Zone, and Eric Chaussin, Vice President and CEO of GE Vernova's Power Transmission. During the event, Al Mazrouei, along with other officials from the free zone, toured the facility and were briefed on its state-of-the-art storage systems. These systems are designed to streamline operations and include cutting-edge equipment crucial to GE Vernova's operations in the electric power sector.
The new warehouse is set to strengthen the supply chain by dedicating resources to the distribution of spare parts and the repair and maintenance of equipment for the electric power sector, including wind turbines, solar, and hydropower systems. The facility is designed to support GE Vernova's logistics operations, enhancing the supply chain by reducing response times for spare parts needed for major projects across the UAE and the region. This expansion will help customers maintain operational continuity and achieve optimal efficiency in their operations.
Saud Salim Al Mazrouei highlighted that GE Vernova's expansion within SAIF Zone underscores its effective strategies to deliver top-tier services to investors. He noted that the Free Zone's approach ensures a nurturing environment for businesses to grow, expand, and serve regional and international markets effectively. Al Mazrouei emphasized that SAIF Zone will continue to solidify its position as a leading investment hub in key economic sectors, including renewable energy and advanced industries.
He further explained that the growing expansion of operations within the Sharjah Airport International Free Zone demonstrates its status as a strategic hub for businesses seeking access to global markets. The success is attributed to the free zone's strategic location, cutting-edge infrastructure, and investor-focused services, which collectively create a dynamic environment for growth and innovation.
Eric Chaussin remarked that the company's decision to expand operations in the Free Zone was driven by the competitive advantages it offers, including its strategic location and advanced infrastructure. These factors enable quick and efficient access to local and global markets, streamlining the company's logistics operations and improving the distribution of spare parts and equipment for the electric power sector.
Chaussin added that the expansion showcases GE Vernova's commitment to supporting the UAE's energy production capabilities. The company has maintained a presence in the UAE for over 50 years, with the Hamriyah Independent Power Plant in Sharjah standing as one of its flagship projects.