London-based Praesidiad is planning to establish its manufacturing facilities and offices in Dammam, Saudi Arabia in order to expand its global footprint.
Praesidiad is a world market leader in force protection solutions, integrated perimeter security systems, and industrial mesh production and fencing products.
According to the company, “With this move, Praesidiad continues to expand its global footprint starting with a major investment in Saudi Arabia, and launching Praesidiad Arabia, a manufacturing facility and sales office that will produce high-security fencing to secure critical infrastructure for the rest of the GCC countries.”
Praesidiad said that these investments are the first stages of a clearly defined investment roadmap for the Middle East.
As per the statement, Praesidiad-owned brands Betafence and Hesco will be manufactured in Dammam, forming a Middle Eastern Hub that will supply industry-leading anti-climb, anti-breach, and hostile vehicle mitigation perimeter security solutions, such as Betafence Securifor, Hesco MIL Units and the latest approved HCIS Fence portfolio.
Betafence is renowned around the world for responding to their customers’ needs, and gained the attention of the Middle East Market, by being the first manufacturer to install an HCIS-approved perimeter fence.
On the Saudi foray, Mr. Dino Koutrouki CEO of Praesidiad stated that “these investments are incredibly significant steps towards Praesidiad further establishing the Betafence and Hesco brand in a high-growth market.”
“Our new facilities will provide local recruitment opportunities and it will give us a platform for growth in this region, as well as the capability to export to GCC countries to ensure we can fulfill the increasing demand from our customers,” the CEO noted.