TGT Diagnostics has signed an agreement to build a new technology hub in Abu Dhabi
The company, a leader in diagnostics for the hydrocarbon energy sector, said it will make a significant investment in a new state-of-the-art facility under an agreement with Khalifa Economic Zones Abu Dhabi (KEZAD) Group.
The new UAE facility is a major investment for TGT as it moves to strengthen its ties with customers and partners in the Gulf region and beyond. With the aim of being fully functional by year end, the new technology hub will be home to TGT’s scientific and engineering resources, research and development, information technology, software and AI development, manufacturing, maintenance, quality assurance, and headquarter functions.
Saad Bargach, TGT’s chief executive officer commented, “At TGT, we provide essential diagnostics that help our customers keep wells safe, clean, and productive. Our new technology hub will, for the first time, bring together our R&D, engineering, manufacturing, and corporate functions under one roof. This will enable several synergies and provide the perfect platform for future growth. With growth plans in mind, we will recruit and develop the best talent at all levels of the organisation and continue to develop the category-leading diagnostic systems we are famous for.”
As well as expanding TGT’s network in the region, the new high-tech manufacturing centre within the hub will enable the company to meet the ever-growing demand for its unique diagnostic systems and products across the Americas, Asia, Europe, Africa, and the Middle East. The company is on target to launch its first full production series of UAE-made diagnostic systems by 2024.