Imdaad to launch Qatar operations
Doha, May 26, 2012
Imdaad, a leading provider of integrated facilities management solutions in the UAE, said it has signed a strategic agreement with Abuissa Holding (AIH), one of the leading business conglomerates in the Middle East, to set up its base in Qatar.
As per the partnership deal, the duo will deliver integrated facilities management solutions to the Qatari market mainly the growing demand for soft, hard FM services and integrated waste management solutions.
The partnership sustains Imdaad’s regional strategic expansion plan for the 2012-2017 period, while taking advantage of a surge in demand for specialized FM services in Qatar.
With an approach on investment that focuses on diversified business activities through ownerships, associates, partnerships and joint ventures, Abuissa Holding aims at capitalizing on Imdaad’s extensive experience in total facilities management services, soft services and recycling, waste management, power generator rentals, and consultancy.
'Qatar remains one of the most lucrative markets for facilities management services, driven by its vibrant economy and widespread development projects being implemented across the country,' remarked Jamal Abdulla Lootah, CEO of Imdaad.
'Imdaad’s strategic partnership with Abuissa Holding gives us a significant head start in our expansion drive in the Qatari market, giving us greater leverage to reach out to various market segments through its extensive presence across key industries in the country.'
'Building on the success of our expansion initiative in Qatar, we will continue to fortify our presence in the region, taking advantage of our strategic alliances and Imdaad’s track record as a leading provider of integrated facilities management solutions in the Middle East,' he stated.
Ashraf Abu Issa, the chairman of AIH, said, 'Our country has enthusiasm to learn about facilities management best practices; although the market is very young, the learning curve in Qatar will be very quick and the highest standards will definitely be implemented.'
'With facilities management being a strategic and essential service to our market, Imdaad will be offering world-class and state-of-the-art services in Qatar,” he added.-TradeArabia News Service