UAE facilities management industry may hit AED 20bn by 2015
Facilities Management (FM) services contracts in the UAE could be valued at approximately AED20 billion per annum by next year, according to G4S, a leading global security and outsourcing group in UAE.
The statistic included FM services that ranged from cleaning services, pest control, office services, landscaping, waste management and building management systems with the exclusion of security services, an average of 60 percent of most industries in the UAE may outsource its FM requirements, says the firm.
G4S — which employs more than 11,500 employees in the UAE to provide manned security services, electronic security solutions and cash solutions, in addition to FM — believes that the emirates' ongoing delivery of new commercial and residential buildings, coupled with an increasing demand for ever-higher levels of service provision, will see the industry continue to grow healthily into the next decade.
"Annual growth in the UAE is driven by the construction boom, as well as the increasing customer demand for improved service levels, not just personnel," said Dubai-based Nigel Hall, UAE director of outsource service in G4S, with reference to an internal study held by G4S.
"The single, most important critical improvement we are seeing in the UAE market is the sophistication of the contracting. FM contracts are becoming more integrated, more metric-based, and crucially, longer in duration. The combined effect of these improvements is better service for customers and of course, improved cost-efficiency for all parties. The UAE is the GCC's leader in this respect," Hall added.
- An exercise in futility? UAE and Egypt bond over 'nonsensically' growing wheat in the desert
- Not getting off their back, yet: why activists still skeptical of GCC's band aid labour reforms
- Growing resentment? Syria's halt of Lebanese agricultural imports a 'disastrous' move
- The blessing in disguise? How sanctions have created a potentially powerful role for Iran's local automative industry
- Does the halal industry really understand what cross contamination is?
- Third time's a charm? Egypt gives stimulating economy with UAE money another shot
- Industry Awaits US Government’s Response To Hess’s Purchase Of Lasmo
- Danube opens new AED 40 million warehousing facility in Jafza South
- UAE demand for fabricated aluminium to grow 9 per cent annually to USD 838 million in 2015