Diehl Metering and Abunayyan Holding sign a strategic cooperation agreement including a state-of-the-art final assembly line in Saudi Arabia for ultrasonic water meter technology
Diehl Metering has successfully been partnering Abunayyan Holding – one of the leading solution providers in the electricity and water sectors, based in Riyadh, Saudi Arabia – since 2008, and is continuously expanding this cooperation. Thanks to this successful partnership, Diehl Metering has been able to comprehensively implement Fixed Network projects in Saudi Arabia – over 700.000 HYDRUS ultrasonic water meters have now been installed in the country.
With the aim of intensifying this successful partnership and thus becoming part of Saudi Vision 2030, which aims to promote the local economy and as such urgently requires a domestic final assembly line, Diehl Metering is now following a localisation strategy for Saudi Arabia.
Diehl Metering will thus enable Saudi Meter Company, a subsidiary of Abunayyan Holding, to adapt the HYDRUS ultrasonic water meters for the domestic market. To this end, Diehl Metering will provide Abunayyan Holding with key components, production technology and dedicated training. The start of production in Riyadh is planned for Q3/2018.
The ceremonial contract signing for the joint localisation project by representatives of Diehl Metering and Abunayyan Holding was carried out during WETEX 2017 (Water, Energy, Technology, and Environment Exhibition) at the Diehl Metering booth.
Diehl Metering, with its excellent smart metering technology, is delighted to be a part of Saudi Vision 2030 and is looking forward to the opportunities that this landmark partnership with Abunayyan Holding will offer.
Information provided by Diehl Metering