Transcription of MEFMA FM AWARENESS CONFERENCE …
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MEFMA FM AWARENESS CONFERENCE operations & maintenance The Evolution into facilities management ! October 8th, 2012 Al Faisaliah Hotel WITH THANKS TO OUR SPONSORS Eng. Ibrahim Al Buloushi CFO Daem Real Estate Co. A subsediary of Manafea Holding Co. FACILITY management CHALLANGES IN THE KINGDOM OF SAUDI ARABIA The Outline What is Facility management ? Market Size & future potential Challenges Daem Initiatives for both its current & future projects Conclusion What is facilities management ? FM is an interdisciplinary function that smoothly integrates PPP (People, Places & Processes) with the use of technology for the efficient functioning of a built environment Market Size & Future Potential Big Potential for FM FM industry has began its growth story in GCC since 6 years only and it is expected to reach almost $ Billion by end of this year Globally, the FM industry represent 5% of the World GDP, which is expected to reach $400 Billion by 2017 FM represent only 5% of a project s life cycle cost that increases the life span of the project by 50% while achieves cost savings of 25%-30% in operating costs The construction industry growth offers tremendous potential business for FM (projects worth more than $630)
MEFMA FM AWARENESS CONFERENCE “Operations & Maintenance” The Evolution into Facilities Management! October 8th, 2012 ... Facilities management, co-ordinating O&M services . 6. EFS FM in MENA region ... EFS Facilities Services KSA
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