openPR Logo
Press release

QuEST Global Engineering awarded International Headquarters (IHQ) status by EDB

03-15-2010 01:44 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QuEST Global Engineering

QuEST Global Engineering awarded International Headquarters

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”

QuEST Global is a leading provider of diversified engineering services and manufacturing. QuEST Global employs over 2000 professionals and has delivery centers in India, USA, Italy, Japan, Germany, France, UK, and Spain. For further information, please log onto our website www.quest-global.com

QuEST Global Services-NA, Inc.
11499 Chester Road,
Suite 700, Cincinnati,
Ohio - 45246

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release QuEST Global Engineering awarded International Headquarters (IHQ) status by EDB here

News-ID: 123549 • Views:

More Releases from QuEST Global Engineering

Rolls-Royce Chief Executive Officer, John Rishton visits QuEST Global
Rolls-Royce Chief Executive Officer, John Rishton visits QuEST Global
Bangalore, March 04, 2013: Rolls Royce’s CEO, John Rishton began his maiden visit to Bengaluru with a visit to the QuEST engineering centre on Feb 21, 2013. QuEST Global is Rolls-Royce’s leading global engineering partner and enjoys over 10 years of strategic partnership and growth. John Rishton spent quality time interacting with QuEST’s senior leadership to review current and future QuEST capabilities and its engagement in supporting the engineering requirements of Rolls-Royce’s business units
QuEST Global Engineering appoints Ashok Baweja
QuEST Global Engineering appoints Ashok Baweja
Bangalore 24-Jan-2013: QuEST Global Engineering, a leading pure play engineering services provider with headquarters in Singapore, today announced the appointment of Mr. Ashok Baweja (Former Chairman HAL). In his new role, Mr Baweja will be responsible for the newly formed QuEST Global Defence Engineering Services, which will function as an independent company. The new company will focus
QuEST Manufacturing and Saab AB sign Aero Structure Assembly JV
QuEST Manufacturing and Saab AB sign Aero Structure Assembly JV
Bangalore, India, 29th November, 2012: QuEST Global Manufacturing signed a Joint Venture agreement with global Defence and Security major, Saab to set up an ‘Aerostructure Assembly Joint Venture’. The new entity will manufacture and supply assemblies for the technology intense commercial aerostructures market. As part of the agreement, Saab will hold 26% stake in line with their objective to strengthen its strategic presence in India. The new entity aptly called “Aero Assemblies India” will be located in

More Releases for Singapore

Magento development company singapore
Suria International, a leading Magento web development company An online shop is the need of the hour in the age of eCommerce and mCommerce. Advancing technology has introduced several platforms to build feature-rich online stores, but Magento has remained a preferred choice of many online retailers for years. High scalability, broad system support, and result-oriented adaptability have made Magento eCommerce development popular worldwide. Magento, with its three variants- Magento Community Edition, Magento
Digital banking in Singapore
What will be the impact of digital banks in Singapore? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights in Business Times – Singapore. More and more countries worldwide are issuing full bank licenses to digital-only banks. The competition from digital banks is being seen as a favorable development for the consumer. Digital banks with fewer physical branches and Automated Teller Machines to maintain could incur lower costs
Peoplewave selected for Startup Station Singapore by Facebook and IMDA Singapore
20 February 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, has been selected to participate in Startup Station Singapore 2019. Startup Station Singapore is a partnership between Facebook and the Infocomm Media Development Authority (IMDA) Singapore. Kicking off in February 2019, this programme will empower data-driven startups to accelerate their businesses in new and cutting-edge ways, while continuing to keep peoples’ trust, transparency and control over their data at
Baby Food Sector in Singapore Global Report 2018: Top Key Players - Abbott Labor …
The Baby Food Sector in Singapore, 2018", is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Singapore market. The development of the baby food sector in Singapore goes beyond the realms of disposable income and is more often dependent on attitudes to industrially prepared foods in general, the desire for convenient alternatives, and the employment status of women. Baby food manufacturers
ITIL Singapore
ITIL Singapore Certification Training at Vinsys. Get ITIL Training with EXIN & PeopleCert Accredited ITIL Certification Training with IT Tactic of Business Vision ITIL Singapore. ITIL Foundation Singapore is the most widely recognized entrance-level ITIL certification for IT professionals. IT departments need qualified specialists who can carry effective IT services. This ITIL Singapore training will show you the ITIL Singapore services lifecycle, how lifecycle steps are linked, processes elaborate, and finest
Hosiery in Singapore
Orbis Research delivers key insights on the Hosiery market in a new report titled “Hosiery in Singapore” In this report, Orbis Research sheds light on the various factors and trends impacting market growth over the forecast period. Hosiery in Singapore is an accessory, not a daily necessity, due to the hot and humid climate. Therefore its growth largely depends on fashion trends, particularly men’s desire to accessorise with the colourful addition