Engie to shift Asia-Pacific headquarters to Singapore
Engie, a world leader in the energy industry, will be relocating its Asia-Pacific headquarters from Bangkok, Thailand, to Singapore.
The move is slated for 2019, and is a part of the French multinational’s plans to double its Asia-Pacific workforce.
It already employs more than 4,000 people in the region, who in summation contribute US$3 billion (SG$4.2b) in revenue.
“With its regional headquarters opening in Singapore, Engie will bring its values-focused culture to attract, train and develop talents to help drive energy innovation and excellence in the region,” said the company in a statement.
Engie anticipates helping the country “grow its localised highly-skilled workforce, further establishing the city state as the authority in clean energy management in the region.”
Paul Maguire, regional CEO for Engie, highlighted that Singapore’s ‘Smart Nation’ push was one big reason for the move.
“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,” he said.
“Many of our customers are based here with businesses across the region,” he added.
The company says that it is looking to continue investing and developing renewable and clean energy solutions – including solar, geothermal, wind, biomass, gas and decentralised generation – to help support Asia-Pacific’s robust economic growth, with the goal of contributing to a sustainable future.
The new headquarters is expected to be fully operational by mid-2019. It will be located in Singapore’s Pasir Panjang district, which is home to other big names such as Google, Amex, and SAP.
Worldwide, Engie employes some 150,000 employees across 70 countries.