An agreement has been signed that ties up three organizations into a Facilities Management joint venture. DOHALAND, Linc Facility Services and Masraf Al Rayan Bank have partnered in a new initiative that sees the DOHALAND corporate profile expand to strengthen its Portfolio Management credentials.
The joint venture company will bring together the country’s leading developer DOHALAND, with the support of Masraf Al Rayan, and Linc Facility Services, which has been operating in the US for over 30 years, to provide facility management in Qatar and other MENA countries.
The Linc Facility Services model helps save money as well as improves operational performance through integrated facility management, infrastructure, operations and other support services. Linc offers customized, results-driven strategies and extensive experience with Computerized Maintenance Management Systems. Their web-based technology gives clients round-the-clock access to critical information, which is essential for the management and operations of a modern development, its users and inhabitants.
The new joint venture company will provide management of buildings, facilities, physical plants and services (hard and soft services) such as repair and maintenance, custodial, building systems management, energy management and conservation, space management, traffic control, central dispatch, landscape and grounds, recycling and waste, security, and renovation and alteration.
DOHALAND’s flagship Musheireb development, a QR20 billion, 35-hectare pioneering project planned to revive the old commercial centre of the city, will contain 226 buildings, with a combination of commercial and residential properties, retail, cultural and entertainment areas. The project is to be implemented in five phases by 2016, with Phase 1A due for completion in 2012.