CRH announced the official opening today of its regional headquarters in Singapore, to oversee the expansion of its existing interests in India and China, and to pursue further development opportunities in the wider Asia region.
Commenting on the opening, Ken McKnight, President of CRH Asia said:“ The opening of our regional headquarters in Singapore today marks a further step in the evolution of CRH and an important catalyst for growth in Asia in the medium term. CRH entered the China market in 2007, the India market in 2008, and the Malaysia market in 2012, and together with our business partners we employ approximately 15,000 people in Asia today.
We are now the number one cement player in northeastern China, the number one cement producer in the state of Andhra Pradesh in southern India, and our operations in Malaysia complement our global construction accessories business. We look forward to developing further in Asia markets as the economies and construction and building materials markets evolve.”
Mr Goh Chee Kiong, Executive Director, Building and Infrastructure Solutions at the Singapore Economic Development Board, added: “We are pleased that CRH has located its Asian headquarters in Singapore which will strengthen the buildings solutions ecosystem in Singapore. The rapid growth in urbanisation and the middle class in Asia present strong demand for building and infrastructure solutions. We welcome CRH’s move to leverage Singapore as its control tower to orchestrate growth in this region.”