Singapore, March 10th 2010: QuEST Global Engineering the leading global provider of diversified engineering services with core domain expertise in aerospace, automotive, consumer electronics, industrial products, nuclear engineering, power generation, oil & gas, and transportation verticals announced today that it would be making Singapore its International Headquarters effective April 1, 2010.
In a major business move, QuEST Global Engineering is consolidating its global operations and ownership of entities and setting up an 60 member team in Singapore with an investment of around USD 50 million over the next 5 years.
In support of the company’s decision, the Singapore Economic Development Board (EDB) has granted the International Headquarters (IHQ) Award, to QuEST Global Services Pvt Ltd.
Speaking on this momentous occasion, QuEST Global Engineering, CEO and Co-Founder, Ajit Prabhu said, “We are pleased to receive the IHQ award from the EDB and will be looking at setting up key engineering centers of excellence at our Singapore Headquarters in the coming years. We also intend to move senior management team to Singapore. This is as a significant step in our vision to become a USD 500 M organization by 2015”.
This is a significant move for QuEST Global Engineering, a move which clearly depicts Singapore’s rise as an international business hub and as a leading engineering services centre. Singapore’s strong talent pool, excellent market connectivity, coupled with its vibrant oil & gas and aerospace sectors are key reasons why QuEST Global Engineering has decided to locate its international headquarters in Singapore.
Commenting on the occasion, EDB’s Director (Energy, Chemicals & Engineering Services), Mr. Liang Ting Wee, said, “We’re delighted to welcome a leading fast-growth company like QuEST Global Engineering into Singapore. QuEST’s decision to locate its international headquarters in Singapore, together with its plans to set up engineering centres of excellence, is testament to Singapore’s attractiveness as a home for companies to manage and drive their global business growth”
About QuEST Global
We are Quest Global. We’re in the business of engineering, but what we’re really building is a brighter future. It’s not just what we do, but why we do it that makes us different. We believe engineering has the unique opportunity to solve the problems of today that stand in the way of tomorrow. For more than 25 years, we have strived to be the most trusted partner for the world’s hardest engineering problems. As a global organization headquartered in Singapore, we live and work in 17 countries, with 67 global delivery centers and offices, driven by 17,500+ extraordinary employees who make the impossible possible every day. Quest Global delivers world-class end-to-end engineering solutions by leveraging our deep industry knowledge and digital expertise. By bringing together technologies and industries, alongside the contributions of diverse individuals and their areas of expertise, we are able to solve problems better, faster. This multi-dimensional approach enables us to solve the most critical and large-scale challenges across the aerospace & defense, automotive, energy, hi-tech, healthcare, medical devices, rail and semiconductor industries.
Shelly Latimore: [email protected]