PRÆSIDIAD invests in manufacturing facility in Dammam, Saudi Arabia
The newest addition to the company’s product portfolio complies with Class 1 and Class 2 as defined by HCIS Security and Safety Directives
Protection solutions and security systems provider PRÆSIDIAD has expanded its global footprint with its latest investment in Saudi Arabia, where it is launching PRÆSIDIAD Arabia. It will comprise a manufacturing facility and sales office that will produce and deliver high-security fencing to secure critical infrastructure in the GCC.
In a statement, the company said that products from its Betafence and Hesco brands will be manufactured in Dammam, forming a Middle Eastern Hub, which will supply anti-climb, anti-breach, and hostile vehicle mitigation perimeter security solutions.
Dino Koutrouki, Chief Executive Officer, PRÆSIDIAD commented: “These investments are incredibly significant steps towards Praesidiad further establishing the Betafence and Hesco brand in a high-growth market.
In July 2022, Verdantix urged building facility managers to secure building systems against cyber-attacks.
“Our new facilities will provide local recruitment opportunities and it will give us a platform for growth in this region, as well as the capability to export to GCC countries to ensure we can fulfill the increasing demand from our customers,” he explained.
In addition, PRÆSIDIAD recently announced that its perimeter security brand, Betafence, has further extended its HCIS compliant product portfolio by adding a single skin, high-security perimeter fencing solution that surpasses testing defined by HCIS Security and Safety Directives
The new HCIS high security fence has been engineered for critical infrastructure protection to provide a lightweight, advanced forced entry-resistant, high-security fence with desired visibility, even in the most extreme environments, the firm noted.
In August 2022, Farnek said that it was awarded $11.54mn in security contracts over last 12 months.
This newest addition to the company’s product portfolio complies with Class 1 and Class 2 as defined by HCIS Security and Safety Directives and provides end-user protection from forced entry, including hostile vehicle mitigation. This latest development is a prime example of a company understanding the local market, and evolving a solution to meet customer needs, the company said.
The patented fence offers a single panel design to reduce dust and debris build-up that restricts critical visibility. Designed with a single flexible cable, and no ceramic tubing, engineers at Betafence say that they have created a lightweight fence that is fast and easy to install with a local labour force requiring minimal training. It only requires shallow foundations, reducing the requirement for extensive and expensive groundwork, and can withstand an aggressive attack or breach attempts that exceeds HCIS requirements.
Koutrouki concluded, “We are investing in the region in many ways, starting with the new manufacturing facility, and, as HCIS compliant fences are critically important for this region, we are building a dedicated product portfolio for this market.”
Praesidiad’s investments are the first stages of a clearly defined investment roadmap for the Middle East, he concluded.
In September 2022, Knight Frank said that over $1.1tn in real estate and infrastructure projects are currently underway in Saudi Arabia.
