
Riyadh - Sharikat Mubasher: Saudi Engines Manufacturing Company (Makeen) signed a framework license agreement with Rolls-Royce’s Power Systems business unit to manufacture, test, sell, and service mtu engines and gensets in Saudi Arabia, a recent press release announced.
The deal represents a milestone for the industrial development of Saudi Arabia’s rapidly growing marine and off-grid power generation sectors.
Makeen is a joint venture formed by Saudi Aramco, Hyundai Heavy Industries, and Saudi Arabian Industrial Investment Company (Dussur) to manufacture, build, sell, and service marine and land-based 2 and 4-stroke engines.
Mohammad Al-Shammary, Chairman of Makeen, said: “This partnership aims to have a ripple effect on the local economy, creating employment opportunities, building technological know-how, substituting heavy reliance on imports, promoting sustainable practices, and creating new opportunities for local supply chain development.”
Al-Shammary added that the collaboration with Rolls-Royce underscores the company’s commitment to achieving Vision 2030 goals.
Meanwhile, Abdullah Al-Ghamdi, CEO of Makeen, affirmed that the partnership with Rolls Royce aims to provide state-of-the-art solutions to meet the growing demands of the company’s customers in oil and gas, marine, and other applications while promoting new technologies.
For his part, Andreas Goertz, President of Mobile and Sustainable Power Solutions at Rolls Royce Power Systems, commented: “With the investment commitments of our new partner Makeen in localization, both for engine and genset production and service, we see a great opportunity to grow our business in the Kingdom of Saudi Arabia.”
“It is of utmost importance for us to have a partner in Saudi Arabia that could help the supply of our mtu products to the local marine market while maintaining our high-quality standards and providing first-class service to our customers,” Goertz added.