MIDDLE Eastern full-service utility provider Utico is looking to enter Singapore with an upcoming project development, operations and marketing office in the city-state.
“We will expand with or without the Hyflux deal, because the South-east Asian market is already part of our growth plan,” the spokesman told BT.In a media statement on Tuesday night, Utico announced it will boost its global headcount by 100, including the planned hires in Singapore, within the next half year.
The increase in manpower requirements comes ahead of the commissioning of Utico’s 750 million dirham desalination facility in the UAE, the company noted. Richard Menezes, chief executive officer of the UAE-based utility firm, said: “We see an exciting 12 months ahead with capacity expansions, forays into new markets in the region and beyond, and new projects including significant developments in renewables.”
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