The transport equipment market in the booming Middle East has welcomed another supplier to the fold. Selling branded OE equipment from the likes of major Chinese equipment giant Fuwa in the Middle East, North Africa and Central Asia, FKH TransEquip has opened for business in Dubai’s Jebel Ali Free Zone.
“We are proud to be representing a leading supplier of truck and trailer equipment here in the Middle East,” said Managing Director, Mario Camenzuli, an Australian with many years of experience in the design and sales of transport equipment in Australasia and around the globe.
Mr Camenzuli gained renown in the transport equipment community for establishing fifth wheel specialist K-Hitch in Western Australia, which was acquired by FUWA and grew to become a leading transport equipment business in the Asia Pacific region.
Alongside Mr Camenzuli, the new venture in Dubai is helmed by Chairman Shariq Azhar, former CEO of Oman's largest investment firm, Ominvest, and ex-Executive Vice President and Head of Corporate Banking Group of Abu Dhabi Commercial Bank.
Mr Azhar has also served as Vice President of Chase Manhattan Bank in New York, and is currently the Managing Director of Exeter Hill, an advisory firm engaged in a range of projects and principal investment activities.
“Combining our extensive knowledge of the local and international marketplace with equipment that is purpose-built and tested for the region, we have a real competitive advantage,” Mr Camenzuli commented on the move to expand in the Middle East.
He added the Middle East, North and Central Africa and Central Asia were increasing looking for high quality and reliable equipment that was reasonably priced. FKH TransEquip’s comprehensive product portfolio was perfectly placed to service the increasing need for high quality equipment.
“The Middle East markets such as UAE and Saudi Arabia especially, are crying out for major brands that deliver the benefits of new technology and design. The market is moving upwards with high standards and expectations, and we have been working tirelessly to put together the ideal product range suited to the diverse markets found in these regions.”