INDUSTRIAL PARTICIPATION

INDUSTRIAL PARTICIPATION

Industrial Participation, also known as offset, is a practice where foreign suppliers invest in the local economy of the buyer to stimulate economic growth and create jobs. Activities can include investments, technology transfers, research, and training.

The Industrial Participation Division was established by DTec Industries in 2017.  This was in response to the increasing demand in the global defence and security markets for an independent and specialist provider of industrial participation (including offset) services primarily in the maritime industry.

The Industrial Participation team is based in the Netherlands and has close ties with the Group’s head office in Singapore. The team in the Netherlands consists of three members that have extensive expertise in advising clients and managing their industrial participation obligations with national governments or end-buyers.