BDP Project Logistics opens Abu Dhabi office
Source: Cargonews Asia, August 27, 2009 – BDP Project Logistics, a wholly owned subsidiary of BDP International based in Singapore, has opened an office in Abu Dhabi, UAE.
Conducting business as BDP Global Project Logistics LLC, it will focus on the oil and gas, infrastructure and power generation sectors working with engineering, procurement and construction (EPC) contractors.
“Of the seven emirates, Abu Dhabi has been the least affected by the current economic downturn, and is assisting the others in their recovery efforts,” said Virendra Sehgal, regional director for BDP Project Logistics in the Middle East.
“Additionally, it is expected to rebound strongly in the region.”
Thaddeus Joymon, general manager of BDP Project Logistics’ Dubai office, which is providing sales, finance and administrative support for the new office said: “Abu Dhabi is the largest of the UAE emirates, covering nearly 90 percent of the land mass and contributing 70 percent of total GDP. Significantly, it holds nine percent of the world’s proven oil reserves and almost five percent of its natural gas reserves, the rising prices of which are fueling lots of construction activity, which in turn is providing enormous opportunities for project logistics business.”