TechnoPark finds another taker in Euroblast

Euroblast Middle East, an assembler of oil and gas equipment, has agreed with Dubai Techno Park to invest AED10 million in a facility in the park’s premises.

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By  O&GME Staff Published  June 6, 2006

Euroblast Middle East, an assembler of oil and gas equipment, has agreed with Dubai Techno Park to invest AED10 million in a facility in the park’s premises. The facility will be developed in the Middle East’s largest technological hub in an area of 8,000 square metres and will accommodate their specialised facility used to service their clients in the oil and gas and industry, the company said. Euroblast Middle East, managing director Kabeer Khadar said: “The park provides immense opportunities to companies seeking to make profitable investments in Dubai and position themselves in the global market place. “The strategic location of the Park gives us easy access to both Abu Dhabi and Dubai markets, our two main areas of clientele. The infrastructure and the proximity to Jebel Ali International Airport have also positively influenced our decision to set up our facility at the Park.” The facility, reportedly, will focus on research and development and to provide clients’ tailored equipment. From the new centre, Euroblast also hopes to attract clients to come and test all available equipment. Dubai Techno Park commercial director, Abdalla Al Banna said: “One of the leading companies in surface finishing technology, Euroblast is an important addition to the growing high profile companies operating on our premises. “The rising need for quality products in the field of oil and gas will be effectively addressed by Euroblast’s facility in the Park, and we are pleased to provide them all the support they require in carrying out their operations smoothly.” Dubai Techo Park is the first technology park of its kind in the Middle East, and brings with it the backing of the Government of Dubai as well as many private and semi-private organisations.

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