Engie has revealed plans to relocate its Asia Pacific (APAC) headquarters from Bangkok, Thailand to Singapore come mid-2019.
This follows the earlier launch of a digital outcome-focused service in June using the provider’s Avril Digital platform, designed to provide initial and predictive analysis with the purpose of managing the efficiency of data centres.
The move to the city-state is motivated primarily by its strategic location and its technology investments, specifically its smart nation initiative, with an estimated 7,000 multinational corporations (MNC) running APAC operations out of Singapore.
“As the leading energy, technology and economic hub in Asia Pacific, Singapore is a natural choice for us as we grow our footprint in this region,” said Paul Maguire, CEO of Engie APAC.
“Many of our customers are based here with businesses across the region, our move will put us closer to them, giving them better access to Engie solutions and services that will support their growth in a sustainable manner.
"Singapore’s vision to be a Smart Nation and its leadership in innovation and sustainability provides Engie with an ideal platform where we can build, test and scale our innovations, cementing our position as the leader in Asia Pacific’s energy transition."
Employing more than 4,000 employees across the region, the provider recently revealed plans to double its regional workforce within the next 10 years.
In March 2018, the provider also revealed plans to invest $80 million in Singapore over the next five years to develop an innovation centre to drive regional energy efficiency through the application of digital technology.
The close proximity of the provider’s new regional headquarters to many of its clients will foster closer collaborations for innovative energy solutions and services that can be customised to meet the needs of the different markets.
With a focus on decarbonising, decentralising and digitalising the energy mix for the region, the organisation plans to invest and develop renewable and clean energy solutions including solar, geothermal, wind, biomass, gas and decentralised generation to help support APAC's robust economic growth for a sustainable future.
The organisation’s new office will be located at Golden-Agri Plaza along Pasir Panjang road, together with several of the company’s business units, including Engie Services, Engie Factory, Engie Lab, and Engie Axima.
This move always is also good news for Singapore’s talent crunch with the provider intent on training and developing local talent in a bid to help drive energy innovation and excellence in the region.
“Singapore has been playing an active role in the transformation of the global energy sector,” said Lee Eng Keat, executive director, commercial & professional services, EDB. “We are glad that Engie recognises Singapore’s leadership in energy, digital and finance, and is anchoring its Asia Pacific headquarters in Singapore.
"Engie’s latest investment will help catalyse the development of innovative solutions for the region’s growing demand for smart and sustainable energy."