Solar energy in Saudi Arabia (Middle East).
Business Engineering is developing with ACWA Power development a Thin Film Manufacture (photovoltaic technology) in Saudi Arabia.
We are also considering several power plants (solar farms) in the area, either in remote places, or in the suburbs of big cities.
Solar energy (photovoltaics) will never be a complete alternative to oil in Gulf countries, and particularly in Saudi Arabia, it will be a smart way of providing the supply of energy needed by the growing population, while using the oil in chemistry industry to produce derivated products (providing a bigger value added than oil itself).
The unprecedented population growth and the uplifting of the average living standard in this area are the key demand drivers. Such demand is actually generating a large spectrum of projects and opportunities, while the tremendous oil & gas revenues are securing largely the financing of such development even during the actual crisis.
Beside that, Public-private partnerships (PPP) are rapidly forming, with the government providing seed capital for projects initiation, while the private sector focuses on finance and execution. Many multibillion US $ projects were launched within this frame such as: Independent Water an Power Projects (IWPP), Independent Power Projects (IPP), Water & Sewerage Management Projects, Railways concessions…etc.
Gulf countries are offering potential benefits for entrepreneurs for whom success matters even during tough periods.
Entrepreneurs, willing to make things happens.
Entrepreneurs, willing to switch difficulties into opportunities.
After 30 years of experience in the Middle East, we have succeeded to develop appropriate skills that fulfil all local requirements.
Year per year, we have built an efficient and reliable local network which enables us to be considered as a trustful gateway to the Middle Eastern countries.
The Chairman, Jalel Allegue, is post-graduated in Engineering from the Ecole Centrale of Paris and in Management from the US Stanford University. He holds a Master Degree in Pure Mathematics and another one in Soil & Structures Mechanics .
In 1979, he decided to build up his career in the Middle East and established himself on a permanent basis in the Gulf countries and in particular in Saudi Arabia. It was a great challenge at that time as the area was at the eve of historical transformations...
During the last 30 years, he has participated actively in a serial of major multibillion dollars development projects in the Gulf countries involving worldwide leading companies.
He has witnessed the first infrastructure boom during the 80th, then the first and the second Gulf wars with all the difficulties encountered, the solutions implemented and the business opportunities generated.
Today, he is deeply involved in the development of potential projects for major world class entrepreneurs who want to secure substantial growth in the Middle East by gaining a profitable market's share from the recent economic boom generated by the huge oil revenues.
His dynamic team is fully integrated within the local MENA and Asian countries, thanks to its knowledge of local languages and cultures combined with global business skills and expertise.
The Vice President, Alexandre Allegue is an illustration of the deep involvement of our staff in the countries that we are following. He holds a Master degree in Strategy and International Business Engineering from the reputed Paris based business School ESSEC, and MBA Degree from the Singaporean Nan-Yang Polytechnic Business School, with a focus on how to conduct business with China. Thanks to his engineer background (ESIEA – Paris), he is as well expert in renewable energies and in particular in Photovoltaic (Solar energy).
Business Engineering may seem small by the size of its structure, but is undeniably big by the size of the opportunities it provides.
Strong values, true professionalism and teamwork were and are the basis of our success.
magazine - referencement