May 25 2009 |
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Building management industry set for expansion
Monday, May 25, 2009
Gulf News
Dubai: The building maintenance and facility management sector in Gulf countries is expected to be worth $10 billion (Dh36.7 billion) in the next two years.
"It has been a tough six months for the property and construction industry, but despite the current economic situation, the outlook for the facilities management market is very positive," said Louisa Theobald, Group Exhibitions director of Streamline Marketing Group, organisers of FM Expo and the Property and Facilities Management Conference.
"According to recent studies, the outsourced facilities management sector in the Gulf Cooperation Council countries alone is expected to reach a value of $10 billion by 2012," she added.
"Until now many in the Middle East have been taking facility management for granted," Theobald said. "Building maintenance was seen as simply about fixing things when they break or go wrong. Efficient facility management is much, much more. For example, it is about knowing where to put air conditioners so they are efficient and do not consume too much costly electricity.
Leading regional companies - such as etisalat - have established their own facilities management companies or divisions. etisalat Facilities Management, a platinum sponsor of FM Expo for example, has more than 600 in-house and 1,000 outsourced staff serving clients in education, hospitality, IT, aviation, and the Islamic public sector.
In a keynote address at the two-day Property and Facilities Management Conference which starts today at Al Murooj Rotana Hotel, Dubai, Stan Mitchell, CEO of Key Facilities Management International, and founding chairman of the Global Facility Management Association, will outline how public and private property owners and developers can soften the impact of the economic downturn on their businesses.
© Gulf News 2009. All rights reserved.
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