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Video: Saudi Arabia’s FM sector is about to boom

Saudi Arabia’s FM sector is going to take off, and 2018 will be a crucial year for the country’s growing sector, Interserve MENA FM director Saeed Ahmed told fmME

Saudi Arabia’s FM sector is going to take off, and 2018 will be a crucial year for the country’s growing sector, Interserve MENA FM director Saeed Ahmed told fmME.

Ahmed, who was ranked 13th in the 2017 fmME Power 50, said oil prices had an impact on the construction sector, which in turn had influenced the FM sector as well.

READ: 2017 fmME Power 50: The Middle East's most influential in FM

Despite the slowdown in the region, Ahmed said Interserve FM has signed a few big contracts.

“In the UAE, one of our big contract wins was with Musanada, where we mobilised two of the clusters making is one of their largest FM providers for Musanada’s government buildings,” Ahmed said.

In terms of Saudi Arabia’s potential in FM, Ahmed added: “Saudi Arabia is lacking, as compared to the UAE, is in the level of outsourcing in FM and the use of integrated FM suppliers. Doing proper maintenance of their buildings and realising the value of the investment in their buildings.

Watch the interview with Saeed Ahmed below.

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Construction Week - Issue 753
Nov 09, 2019