CMCS to set up new offices in KSA, Bahrain and Egypt in 2009
Middle East expansion continues as current economic trends open up new business opportunities
Collaboration, Management and Control Solutions (CMCS), a leading provider of Project Portfolio Management solutions and a Primavera Authorized Reseller (PAR), announced today (Tuesday, April 28th, 2009) that it will launch new offices in the Kingdom of Saudi Arabia, Bahrain and Egypt this year as part of its aggressive operational expansion across the Middle East.
CMCS explained that the increased competition within the project sector triggered by the ongoing economic downturn is consequently raising demand for the right management skills needed for upcoming projects in the region. The company also outlined the Oracle Primavera Project Management training schedule in the Middle East as part of its continuous commitment to serving the Arab professional project management community. CMCS aims to help project-based businesses appropriately manage and control their projects during these challenging times.
“Today’s challenging economic conditions have actually had a reverse effect on the project management sector, since our services are enjoying even higher demand from organizations who want to optimize their activities. We therefore see current market conditions as favourable for the addition of more offices in key areas such as Saudi Arabia, Bahrain and Egypt. We expect our strong proposition of reducing overhead while enhancing productivity to be received well as we continue to boost our presence in the region, which has so far been able to successfully handle the effects of the present global crisis,” said Bassam Al Samman, CEO and Founder, CMCS.
CMCS is eyeing additional operations in the KSA, Bahrain and Egypt because of the vast business potential of these areas. The KSA maintains the largest economy in the region and is home to various oil and gas and property projects. In Bahrain, investors plan to inject more than USD 2.65 billion into new industrial projects. The country’s Industry and Commerce Ministry already gave primary approval to 295 projects representing a total investment value of USD 2.2 billion in 2008.
Egypt’s growing population and unique real estate strategies, on the other hand, have influenced an increase in government and private sector projects. Just recently, the Ministry of Investment and Ministry of Transport launched three joint projects worth a combined USD 1.34 billion.
CMCS is accredited by the prominent organizations such as the Project Management Institute, making it a leading provider of project management training. The company has been committed to investing in people since its inception in 2005. The training it provides is delivered by certified and well-experienced practitioners and uses original material and the latest software. CMCS’ extensive exposure into the Middle Eastern markets makes it a region’s most qualified provider of certified and professional Primavera Training and Primavera Risk Analysis Training.
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