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Mubadala Investment’s unit closes deal with Indonesia’s Multifab

Mubadala Investment’s unit closes deal with Indonesia’s Multifab
The company will supply a zero-hour overhaul engine to Multifab

Abu Dhabi – Mubasher: Turbine Services and Solutions Group (TS&S), the wholly-owned by Mubadala Investment Company, on Sunday announced that it secured its first order for gas turbine engine exchange with Indonesia’s Multi Fabrindo Gemilang (Multifab).

Under the agreement, which represents TS&S’ first project in Indonesia, the company will supply a zero-hour overhaul engine to Multifab, while receiving a similar time-expired gas turbine, according to a company statement.

“Having established partnerships with international conglomerates such as Rolls-Royce, General Electric (GE) and Siemens, our relationship with Multifab signifies TS&S’ foray into another region with exciting growth prospects,” said TS&S’ deputy CEO Mansoor Janahi.

“With TS&S as our strategic partner, we are bringing value to the market of Indonesia and South East Asia as part of our long-term vision,” Ganden A. Hendratmo, Multifab’s president director commented.