Schneider Electric outlines GCC growth plans
Energy management firm announces Middle East expansion strategy
Energy management firm Schneider Electric has announced that it is planning a substantial investment in the Middle East, including a push to increase employee numbers by up to 30%. The company has reported strong growth, with Saudi Arabia accounting for 60% of the firm's GCC business during 2011.
Project successes during 2011 include Riyadh’s Information Technology and Communication Complex and King Saud University Girls' Campus infrastructure. The company has also completed commercial projects in Mecca, Jubail and Riyadh, as well as the Microsoft Innovation Centre at Al Yamamah University.
In the coming year the company has stated it is aiming to reduce Saudi Arabia's carbon emissions through the launch of solutions focused on the adoption of sustainable practices for inefficient buildings. The company has been actively involved in recruiting graduates from Saudi as part of efforts to expand its workforce in the country.