Facility Management (FM) as an industry in the GCC is and will continue to be in a phase of rapid expansion, mainly due to the rapid pace of growth in infrastructure as well as commercial and residential real estate coming online within the next 5 years, as construction projects are continuously delivered in the Middle East.
This fact presents a significant opportunity for those service providers that can evolve from the more traditional, singleservice provision, towards offering integrated FM service packages to clients.
The single-service model in the region is currently bound within a market that is highly fragmented, and which has experienced an increase in competition from a large number of small companies that provide these single-services in all of the GCC countries. As a consequence of this, margins have been pushed down, making profitability for single-service providers tough to maintain.
Diese Geschichte stammt aus der December 2020-Ausgabe von Commercial Design.
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Diese Geschichte stammt aus der December 2020-Ausgabe von Commercial Design.
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