Imdaad, a leading provider of integrated facilities management solutions in UAE, has recently revealed an ambitious plan to increase its revenues by 15 per cent in 2011, taking advantage of facilities management services demand for completed projects and those under construction. Imdaad noted that the facilities management sector remains strategically important in the region in light of real estate sector growth and large-scale construction projects that have been undertaken in GCC countries during the past years.
Studies have revealed that facilities management sector in GCC is steadily realizing its projected annual growth rate of 15 per cent with an estimated total value reaching USD 10 billion by 2012. UAE, which remains a regional leader in tourism, business and investment and is home to a wide array of world-class construction projects, continues to be a key market for facilities management services as the country accounts for 66 per cent of total revenues in the region.
In line with its growth strategy, Imdaad has recently signed a Memorandum of Understanding (MoU) with the Department of Islamic Affairs and Charitable Activities (DIACA) to provide maintenance to all mosques in Dubai. The MoU was signed by Dr. Hamad Bin Al Sheikh Ahmed Al Shaibani, Director General of DIACA, and Jamal Abdulla Lootah, Imdaad's Chief Executive Officer. The MoU was signed in the presence of Saeed Khamis Al Rahoomi, Deputy Director of DIACA for Technical Support; Fahad Al-Hajri, Director of Services and Engineering, DIACA; Mahmood Rasheed, Imdaad's Chief Operations Officer; Ahmad Mohammad Sharif and Mohammad Al Falasi on behalf of Imdaad.
Commenting on the MoU, Dr. Hamad Bin Al Sheikh Ahmed Al Shaibani said: "In the past few years, Imdaad has been able to strengthen its leading position in the facilities management sector, which has witnessed strong growth in UAE. Furthermore, Imdaad remains highly flexible to address new architectural and urban development challenges as it continues to expand its range of integrated services, making it a key player in this vital sector."
Al Shaibani also stated that the MoU with Imdaad is an important step that will support the Department in fulfilling its responsibilities, especially those related to the provision of maintenance services for mosques in Dubai, which in turn will help realize the Department goals in line with Dubai's Government vision and strategy. Al Shaibani also expressed confidence in Imdaad's ability to provide Dubai's mosques with maintenance services according to the highest standards of quality and excellence, while addressing the needs of thousands of worshipers at mosques.
Jamal Abdulla Lootah said: "This strategic partnership with the Department of Islamic Affairs and Charitable Activities is a strong affirmation of the stature and reputation that Imdaad enjoys as a leading provider of facilities management services and solutions that meet the highest standards of efficiency and excellence. Moreover, it highlights the status of Imdaad as the partner of choice of Dubai Government departments in the field of facilities management. Following the signing of this agreement with DIACA, we are eager to provide all necessary maintenance services to keep every mosque in excellent condition and cater the requirements of the worshipers. Our partnership with DIACA is also a great opportunity to reaffirm our commitment to contribute positively to society and realize our social responsibility towards different communities."
Lootah also stated that Imdaad has been implementing a full-scale expansion plan over the past two years, having introduced new services and various innovations, while expanding the company's scope of work to reach all market segments in UAE. He also emphasized that Imdaad was able to achieve impressive results over the past year in spite of the global economic recession by focusing on the concept of sustainable development and implementing environment-friendly practices in its projects.
Imdaad holds a significant share of UAE's facilities management sector with a client portfolio that includes EMAAR, Nakheel, Jebel Ali Free Zone "Jafza", DP World-UAE, Dubai Customs, Limitless, Tamweel and Barclays Bank. The company's portfolio also includes a number of large projects such as Burj Khalifa; The Palm Jumeirah; Greens; Atlantis The Palm hotel; Jumeirah Golf Estates; International City; Jebel Ali Port; Jebel Ali Free Zone; Wasl – Asset Management Group, subsidiary of Dubai Properties; and several shopping malls including Ibn Battuta Mall, Dragon Mart, Extra markets, among others. Imdaad has also diversified and expanded its services portfolio, having launched the "Home Pro House Maintenance", a specialized business unit that provides customers with a comprehensive service program for house maintenance across UAE.
