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Emcor forms facilities management JV with BFH

Manama, March 16, 2008

Global major Emcor Facilities Services Group (EFSG) has formed a joint venture to deliver integrated facilities, estate and property management solutions to Bahrain Financial Harbour.

The joint venture agreement was signed by Bahrain Financial Harbour (BFH), the Bahrain Financial Harbour Holding Company (BFHHC) and Financial Centre Development Company (FCDC) with EFSG today.

The joint venture company, to be known as Emcor Facilities Services WLL (Bahrain), shall provide the full range of facilities and property management services, to the BFH development, including all estate management and customer support services.

Dr Omer El Mardi, managing director of BFHHC and FCDC, said: “As part of our continuing objectives to offer world class support services to our stakeholders and customers we recognised the strategic need and benefits of entering into a partnership with a world leader in facilities and estate management services to support our development objectives within BFH and to other real estate developments in the Kingdom of Bahrain. We are very pleased to have concluded a joint venture with Emcor and look forward to a successful relationship as we move forward with our development at BFH and elsewhere in Bahrain.”     

Emcor Facilities Services is a global leader in integrated facilities and engineering management services with an annual turnover of $6.7 billion with a total staff of some 27,000 in some 140 locations worldwide.

Emcor Group provides facilities services management to The Pentagon, State Department, Ronald Reagan Building and International Trade Center, the Smithsonian’s new Udvar-Hazy Air and Space Museum at Dulles International Airport. In the Middle East EFSG already has facilities and estate management businesses in Dubai, Abu Dhabi, Qatar and Kuwait.

EFSG clients in the Middle East include Nakheel, Sama Dubai, Dubai Multi Commodities Centre Authority (DMCCA), Qatar Olympic Committee (QOC), Tatweer, Lulu Tourism Company (Bahrain), Dubai Airport, HSBC, Abu Dhabi National Exhibition Centre (ADNEC), Mashreq Bank and IFA Hotels and Resorts amongst others.

Commenting on the JV, Christian Roberts, chief operating officer, Emcor Facilities Services Group (Middle East) stated: “We are delighted to have entered into the Bahrain Market, as part of our regional growth strategy, with such a prestigious development company and for such a landmark development at Bahrain Financial Harbour. We are committed to applying our international and regional expertise, people, systems and processes to provide truly integrated and best practice service solutions to the BFH development and the new business in Bahrain”.   

The JV management team is currently mobilising in Bahrain and will shortly commence the “roll out” of its business plan for the BFH development including implementation of Emcor’s quality management system, service procurement strategy and asset management system which will include a 24/7 call centre for all current and future tenants within the BFH development.

Emcor (Bahrain) services will initially commence with the 250,000 sq m Financial Centre buildings which incorporate the stunning Harbour Towers and Harbour Mall which are exclusively providing high quality prime office space for local, regional and international financial services industry. The Harbour Mall houses high quality rental outlets, cafes and other leisure facilities as well as the Bahrain Stock Exchange and brokerage and trading firms. – TradeArabia News Service




Tags: BFH | Facilities | Emcor |

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