U.A.E. Facilities Management Well Placed to Weather Economic Downturn
U.A.E. facilities management market is well placed to weather the current
economic downturn being felt around the region according to United Business
Media, the organisers of Working Buildings Middle East incorporating Fit-Out
Middle East; the international trade exhibition due to take place on the 9th
and 10th of November at the Abu Dhabi National Exhibition Centre (ADNEC).
(Photo: http://www.newscom.com/cgi-bin/prnh/20090330/342276 )
“As construction projects are put on hold there is still huge growth
potential within the facilities management market due mainly to the huge
number of projects completed recently or just about to be completed in the
region” said
incorporating Fit-Out Middle East. “As purse strings tighten there is also a
greater emphasis on properly maintaining buildings in order to extend their
lifecycles and keep costs to a minimum”.
This is illustrated by recent developments in the market including the
partnership between Makateb and the Korean facilities management company
Sungwon Development at the start of the year. Since signing the partnership,
Sungwon has gone on to win contracts worth
Investment’s projects in Jumeirah Village as the Facilities Management
division of Makateb; with the company aiming to achieve 15% to 20% growth in
3 years and expecting the overall market in the U.A.E. to be worth more than
BK Gulf and Operon Middle East have also signed deals with Wasl, the
asset management group owned by Dubai Real Estate Corporation, to provide
services across their residential and commercial properties alongside Imdaad
who have also signed a 10 year contract with Dubai World. According to the
recently conducted Gulf Outlook Survey two thirds of companies surveyed also
say operations in the GCC will move towards
This year’s Working Buildings Middle East incorporating Fit-Out Middle
East event will have various show sections covering facilities management,
fire protection, MEP, commercial security, building services, green
buildings, fit-out and cleaning and maintenance and will allow key decision
makers to do business with suppliers all at once and under one roof. The
event will also be co-located with the Gulf Landscaping exhibition which also
serves as a sourcing platform and networking event for the regions landscape
architects, developers, contractors and other key buyers.
To showcase your company at this year’s Working Buildings Middle East
incorporating Fit-Out Middle East or Gulf Landscaping please contact the
organisers UBM. Telephone: +971-2-406-4471.
For more information please visit:
http://www.workingbuildingsme.com
http://www.fitoutme.com
Further information on UBMi can be found at http://www.ubmiuae.com
For further enquiries please contact:
bryan.espie@ubm.com or +971-50-5041255
SOURCE UBMi UAE