Dubai: Optical and precision electronics manufacturer Olympus is opening its Middle East and Africa headquarters in Dubai as a cohesive strategy to play a positive role in regional infrastructure development and growth.
Maurice Faber, regional managing director of Olympus in MEA, said that the Middle East and Africa is the world’s next growth area as governments implement a more focused and planned approach to infrastructure development in bid to improve its economic output and individual quality of life.
“Our key business segment — health care — is rapidly expanding driven by population growth, ageing populations, higher incomes and more access to health care through the availability of health insurance,“ he said.
The 2,000 square meters Olympus MEA headquarter in Dubai will cover 72 countries and is due to open in January 2017.
Olympus provides solutions for medical systems, digital cameras as well as scientific solutions for life sciences, health care, energy, petroleum, construction, aviation, mining and precious metals.
Faber said that aviation is another key segment and is already in the process for massive fleet expansions in the region ranging from 66 per cent to a whopping 507 per cent. Industries in the region is also going through modernisation, efficiency drives and price pressures. This key sectoral growth represents strong opportunities to expand Olympus’ offerings to existing and new customers.
When asked why the company chose Dubai, he said: “We chose Dubai because of its infrastructure, connectivity and ease to source a global pool of talent.“
The Japanese group is also setting up a dedicated training centre for its customers and partners in bid to transfer its high-end medtech expertise to the region, and a service centre and stock parts in Dubai.
“A service centre in Dubai will substantially improve uptime of the products to the customers and will provide a significantly higher level of service competency than through indirect channels,” Faber said. “Many of our customers use our equipment in mission critical tasks such as maintenance in aviation, petroleum pipelines and energy turbines. This new service centre will also stock temporary replacement equipment in several cases.”
He sees long — term growth opportunities in the region and said that the company will be pouring more investment [into the market].
