Nov 29, 2022 | Weingarten
Following the acquisition of Indian asset lifecycle manager OPC Asset Solutions, CHG-MERIDIAN is further strengthening its presence in Asia by entering the Singapore market. The opening of this new location is part of the CHG-MERIDIAN Group’s international growth strategy.
The launch in Singapore adds a further international dimension to CHG-MERIDIAN’s growth-focused corporate strategy. The south-east Asian city-state is an attractive economic region and is ranked sixth in a list of the leading financial centers. Singapore is particularly strong in the technology sector and is among the top five most digitally competitive countries according to the International Institute for Management Development. It is a key hub in the Asia-Pacific region, which generates a third of global gross domestic product.
“This position makes Singapore a promising target for expansion,” says Dr. Mathias Wagner, Chairman of the Board of Management of the CHG-MERIDIAN Group. “Our customers’ international ambitions and requirements are key to our further growth. The addition of CHG-MERIDIAN Singapore PTE. Ltd. expands our international coverage and makes our usage models for technology assets even more appealing to global companies.”
As a city-state, Singapore also offers a lot of opportunities in the public sector, where there is demand for innovative usage models that include effective device lifecycle management.