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Business Units present strategies & budget for next year at company's 'Budget Day'
UAE - Imdaad, a leading provider of integrated facilities and waste management solutions in the GCC, recently held its Budget Day to tender the budget for 2016, where all Business Units gathered to present new strategies for 2016. The session also discussed the challenges and opportunities in the growing regional facilities management (FM) market driven by a USD 172 -billion construction sector. The KSA's USD 20-billion FM industry is set to grow at 10 per cent per annum to become the region's biggest market. The UAE, on the other hand, is moving towards integrated FM solutions to touch USD 5.4 million in 2015.
In addition, the gathering of Imdaad's senior management discussed the major milestones of 2015 that complement the UAE's drive towards sustainability. The most prominent accomplishment for the current year is the strategic partnership with WMS Metal Industries, a UAE-based company that specializes in the design and manufacture of environmental products, for the development and installation of a new waste separation system in Dubai. The first recycling initiative of its kind in the world, the system is expected to divert nearly 2,000 tons of waste annually from landfills to the new facility. The winning of a three-year comprehensive maintenance and repair contract for Emirates Transport's fleet of vehicles and equipments marked yet another significant achievement for Imdaad.
Commenting on 2015 and the expectation for 2016, Jamal Abdullah Lootah, CEO, Imdaad, said: "We have gathered to discuss the highlights of 2015 and draft the budget and present strategies to ensure an equally successful 2016. I would first like to extend a warm gratitude to all the employees of Imdaad for their dedication, sincerity and hard work towards the success of our organization. Aside from aiming for the company's expansion, we also make sure that each one of our 4,500 employees has achieved personal and professional growth. Let us work together with the same vigour and enthusiasm to make Imdaad the leading name in FM and waste management in the Middle East."
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© Press Release 2015
