The move reaffirms Huawei’s long-term commitment to the UK and is the first significant milestone in the company’s pledge to invest £1.3 billion into the economy over a five year period. The new 140,000 sq ft office complex will house Huawei’s main UK operation and will help meet the future needs of the company’s growing workforce.
Since Huawei opened its first office in the UK in 2001, it has been deploying the latest technologies and products to the UK. Huawei’s move to Green Park follows the announcement in September 2012 that the company would make investments of £650 million and spend a further £650 million on procurement in the UK over the next five years.
Mr. Mark Hoban, Employment Minister, speaking at the opening said: “This is a significant investment in the UK, which shows that we are open for business. This Government is committed to doing all that we can to help people achieve their aspiration of looking after themselves and their families, and this investment will bring a welcome jobs boost for the region.”
Welcoming Huawei to Green Park, Alok Sharma, MP for Reading West, said: “I am very pleased Huawei has selected Reading and Green Park as the location of its new headquarters. Green Park is at the heart of the ‘M4 corridor’, the centre of Britain’s Information, Communication and Technology sectors, it has a highly skilled local workforce with unrivalled transport links. I look forward to working with Huawei as it settles into its new UK home.”
Ms. Cathy Meng, Executive Director of the Board and Chief Financial Officer, Huawei Technologies said at the ceremony, “Today’s move marks the beginning of an exciting new period of development for Huawei UK. The UK is an innovation hub and is already playing a key role in the global digital economy. Huawei is grateful to all of our customers and partners, as well as the British Government, for their continued trust and support. We are greatly encouraged by the British government’s positive approach towards overseas investment and we are on-track to fulfil our long-term commitment to the UK.”