|21 November, 2019

Saudi's Mashroat inks MoU with key government entity

The MoU is in line with Mashroat’s strategy to build partnerships with government entities involved in project, asset and facility management

Riyadh, Saudi Arabia: Kingdom Centre tower and Etihad Etisalat / Mobily building along Hanifa Valley Street - Saudi mibile phone and internet company. Image for illustrative purposes.

Riyadh, Saudi Arabia: Kingdom Centre tower and Etihad Etisalat / Mobily building along Hanifa Valley Street - Saudi mibile phone and internet company. Image for illustrative purposes.

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Saudi-based The National Project Management, Operation and Maintenance Organisation in Public Entities (Mashroat) has signed a memorandum of understanding (MoU) with the Ministry of Environment, Water and Agriculture to raise efficiency of its facility and asset management including its portfolio of 51 contracts across 1,800 project sites throughout the kingdom.

The agreement was signed by the deputy minister of Environment, Water and Agriculture, Engineer. Mansour bin Hilal Al-Mashiati; Engineering Affairs director at the Ministry of Environment, Water and Agriculture, Kanaan bin Essa Al-Kanaan; Assistant minister of Economy and Planning, Khaled bin Saud Al-Shonaifi and director-general of Mashroat, Ahmed bin Mutair Al-Balawi.

The MoU is in line with Mashroat’s strategy to build partnerships with government entities involved in project, asset and facility management. Based on the agreement, the Ministry of Environment, Water and Agriculture will benefit from Mashroat’s professional standards in managing facilities and assets. The programme will be implemented in a number of phases covering asset recording, upgrading of the computerised system, the introduction of a facility management implementation model, a reworking of the organisational and operational structure, updated evaluation policies, procedures and systems and an improved administrative and regulatory framework.

Speaking at the signing, Al-Balawi said: “We welcome this partnership with the Ministry of Environment, Water and Agriculture. The Ministry has a large portfolio of infrastructure projects which are vital to millions of the kingdom’s population and we are pleased to work alongside them to transform their operation and maintenance sector and ensure they meet international standards."

“Mashroat’s remit is to build cooperation across all government entities to support the kingdom’s policy of adopting unified and international standards in facility, asset and project management.”

Al-Kanaan said: “The Ministry of Environment, Water and Agriculture has projects covering 522 million-sq-m including administrative buildings, parks, research centres, dams and other important facilities and projects. Based on our new cooperation with Mashroat, we will benefit from its experience in order to manage our operation and maintenance portfolio in accordance with best international practices."

The National Project Management, Operation and Maintenance Organisation in Public Entities (Mashroat) is the state's enabling arm for infrastructure projects. It provides consultancy and technical support to government agencies in project management, operation and maintenance in order to enhance the effectiveness, efficiency and sustainability of the national infrastructure and ensure the projects are in line with global best practice and meet the ambitious aspirations of Vision 2030. - TradeArabia News Service

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