On January 31, 2023, a vital contract signing ceremony occurred between Applus+ in Saudi Arabia and Samsung at the IKTVA Forum in Dhahran, Saudi Arabia.
The event marked a significant milestone for both companies as they committed to a long-term partnership. Under the terms of the agreement, Applus+ in Saudi Arabia will provide Vendor Surveillance (VSS) and Third Party Inspection services to Samsung for three years. It means Applus+ will handle inspection needs as per client requirements at vendor sites, inside and outside the kingdom of Saudi Arabia.
The IKTVA Forum provided an excellent opportunity for both companies to showcase their capabilities and discuss new opportunities for collaboration and growth. It brought together industry experts, government representatives, and business leaders. During the ceremony, Hazem Zein, Country Manager of Applus+ in Saudi Arabia, signed the contract on behalf of the company. The agreement outlines the technical inspection and certification services that Applus+ in Saudi Arabia will provide to Samsung for their Aramco projects.
Under Vision 2030, the kingdom of Saudi Arabia intends to remain self-sufficient in gas supply despite rising demand from the residential and industrial sectors. As part of this contract, Samsung Engineering Saudi Arabia will primarily support the Jafurah gas projects, among other projects, and Applus+, by providing our services under the subject contract, will be able to support clients in improving their local content, as well as, help the clients in ensuring their deliverables meet international and Aramco standards.
The partnership between Applus+ in Saudi Arabia and Samsung indicates the value of cooperation and collaboration in today's business world. It demonstrates their commitment to excellence, quality, and customer satisfaction. By working together and leveraging each other's strengths, the two companies can create innovative solutions and achieve tremendous success in their respective industries. It is an exciting time for everyone involved, and we look forward to seeing the positive outcomes of this collaboration in the coming years.
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