Taiwanese Engineering Corporation Opens Subsidiary in The Hague
“Dutch-based cooperation between an American and a Taiwanese company on a project in Oman, involving internationals from France, India, the UK, to name a few”
The Hague, 20 April 2016 – The Taiwanese CTCI Corporation, an international engineering, procurement and construction (EPC) corporation, has opened a subsidiary in The Hague. This week the Netherlands Foreign Investment Agency (NFIA) and WestHolland Foreign Investment Agency (WFIA) visited CTCI’s headquarters to meet with the management and to officially welcome them to the Netherlands. NFIA and WFIA advised and assisted CTCI with its European expansion.
CTCI Corporation has over 30 years’ experience and is the largest EPC firm in Taiwan with more than 40 subsidiaries in 13 countries. CTCI distinguishes itself by its competence of undertaking large-scale projects at home and abroad. The company opted for The Hague because of its strong oil and gas cluster, providing a wealth of international industry knowledge and expertise. The city of The Hague is therefore ideal for CTCI.
“We are very pleased with the cooperation that has been realized with CB&I in The Hague. For us it is important to be close to international engineering companies. Additionally, I am very impressed about the quality of working and living in The Hague, “according to CTCI.
One of the reasons for establishment is a large-scale joint project in the Netherlands together with CB&I, after winning a mega petrochemical contract in Oman. Apart from the locally appointed workforce from CB&I and additional employees from a commissioning company in Oman, an additional 35 employees from Taiwan have been assigned to work on this project. To welcome this group, the WFIA provided an interactive soft landing program with practical information about everyday life in the Netherlands.
“We are delighted with CTCI choice in favor of The Hague. The arrival of CTCI means a strengthening of the existing energy cluster in our region. Besides, it proves the international character of our city: a Dutch-based cooperation between an American and a Taiwanese company on a project in Oman, involving internationals from France, India, the UK, to name a few”, says Marleen Zuijderhoudt, Executive Director of the WFIA.
About CTCI Corporation
CTCI Corporation, founded in 1979 with headquarters in Taipei, has over 30 years of hands-on experience with approximately 7,500 employees stationed in more than 40 subsidiaries and affiliates located in 13 countries around the world. Currently, the paid-in capital reached NT$7.6 billion while its operating revenue reached a new record high of NT$57.7 billion in 2014.
Source: WestHolland Foreign Investment Agency (WFIA)