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Facilities management industry to reach $10 billion by 2012 as GCC construction boom continues

The outsourced facilities management sector in the GCC region is expected to reach a value of $10 billion by 2012, according to a study conducted by Arab Business Review.

  • Staff Report
  • Published: 17:46 September 14, 2008
  • Gulf News

Dubai: The outsourced facilities management sector in the GCC region is expected to reach a value of $10 billion by 2012, according to a study conducted by Arab Business Review.

The region's booming construction market has spawned the need for top-end benchmarks to ensure the sustainability of these buildings.

According to Macdonald & Company, the region has experienced a steady expansion within the FM consultancy sector and due to the rapid completion of buildings service providers have been awarded multimillion dirham contracts for service provision.

Therefore, there is a high demand for senior level practitioners, who will be able to strategically manage the FM services within some of Dubai's iconic towers and developments.

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