Dubai – Mubasher: Siemens AG on Wednesday announced plans to set up its global headquarters for airports, cargo, and ports logistics in Dubai.
The German manufacturer and electronics firm said it will use the site of Expo 2020 Dubai “as the future location for this business after the next World Expo ends in April 2021,” according to a statement.
This decision will help Siemens capitalise on the industrial and logistics developments in the emirate, it said, noting that it will locate some of its major businesses at the 4.38-square kilometre Dubai South site.
“[This] is seen as a major vote of confidence for Expo’s legacy strategy, aimed at ensuring its site becomes a blossoming district for businesses, residents, and tourists alike after the Expo closes,” the Expo said in a statement.
Under the deal, Siemens will provide smart solutions for Expo 2020 technical and site operations and “implement MindSphere, an open operating system for the Internet of Things (IoT).”
The Expo’s management expects more “world class companies will follow Siemens’ example”, which will open more jobs and business in the developing area in Dubai South.
Siemens will utilise the site’s existing infrastructure permanent buildings to house its new global logistics headquarters.
“The new global HQ will include bases for Siemens’ airports, cargo infrastructure, and ports teams. All levels of value addition will be represented in Dubai including global management and strategy, research and development, innovation, software development, sales, assembly, and production,” the statement showed.
“Siemens has a long history in Expo partnerships and we are delighted to be a Premier Partner for Intelligent Infrastructure and Operations leveraging our open IoT operating system, Mindsphere, for Expo 2020 Dubai and beyond. Through this collaboration, we look forward to supporting Dubai’s sustainable development goals with our innovative solutions, helping bring the emirate closer to its ambition of becoming one of the world’s smartest cities,” said Siemens’ CEO, Joe Kaeser.