Speedy investment hits Dh115m

Speedy International Asset Services Equipment Rental continues to invest in its Middle East operations with its current investment in the region now totalling Dh115 million since inception in January 2010.

The UK-headquartered asset management firm offers the youngest fleet in the region, offering generators, nitrogen production units, boosters, compressors, lighting towers, lifting and hand tools.

“Speedy is committed to the region. Since launching our operations in the Middle East in 2010 our investment total has topped Dh115 million. We now boast the most technologically advanced and youngest fleet in the Middle East, with a focus on providing the latest in environmentally friendly and highly efficient equipment. All our equipment is brand new and procured from manufacturers of international repute,” said Andy Carter, Managing Director of Speedy International.

Speedy offers specialist solutions in terms of short term rentals or long term lease of equipment for oil and gas, pipelines, utilities, industrial, construction, and infrastructure markets.

Services include supplying stand alone equipment for a given period to complete range required for the process work, scalable to any given size and project schedule. All its fleet is maintained and supplied locally. This is supported by round the clock customer support and hire desk facilities.

Further growth for Speedy sees the opening of a new Dh15 million, 30,000-sqm regional hub at the Esnaad Offshore supply base at Mussafah, Abu Dhabi. “With the UAE as our base, we cater to all geographies, including South Asia and Asia Pacific,” Carter added.

Speedy International entered the Middle East in January 2010 following the signing of a five-year Strategic Services Agreement with a major infrastructure conglomerate in the UAE.

Speedy has recently opened up offices in Qatar supporting two major infrastructure firms with temporary power solutions.

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