FM industry to be worth $9bn by 2014
Dubai, December 18, 2012
The Facility Management (FM) industry in the Gulf region remains vibrant and will be worth $9 billion by 2014, said a report by international research and consultancy firm Frost & Sullivan ahead of the industry's key annual conference.
The Middle East Facility Management Association (Mefma), the dedicated platform for the industry serving the Middle East FM community, will be hosting the annual conference next year at The Address Hotel, Dubai Marina.
The conference, to be held from February 10 to 11 under the theme ‘Engaging the Region’s Built Environment,’ will gather Mefma members along with the most prominent personalities in the sector to discuss emerging trends, challenges and opportunities in the Middle East and across the globe.
Accredited training programmes, educational courses, seminars and conferences, along with extensive regional networking and fund-raising events will also be featured at the second edition of conference, which is among several initiatives that have been lined up by Mefma throughout 2013.
Supported by the Real Estate Regulatory Agency (RERA) as a non-profit association, Mefma provides a dedicated platform for FM professionals, wider construction industry stakeholders and owner associations.
Jamal Abdulla Lootah, the president of Mefma and CEO of Imdaad, said: “The Middle East facilities management industry remains vibrant and strongly positioned to take advantage of the wide-scale development initiatives being undertaken across the region. The growing focus on sustainable development and green building solutions is particularly crucial in highlighting the strategic importance of facilities managers in achieving the sustainability goals of the society."
"The conference provides a consolidating platform for industry players to address key issues and eliminate obstacles for growth in the Middle East. It allows us to put into context the emerging trends through the insights and sharing of experiences by MEFMA members and our peers from all over the world," he stated.
Ali Al Suwaidi, the Mefma board member and VP of Idama, said: "It is one of the most widely anticipated industry events in the region which provides a series of high-level seminars, panel discussions and exclusive presentations, in addition to virtually limitless opportunities to synergise and conduct networking activities."
"We have prepared extensively for the second edition of the conference as there are significantly more delegates who will be attending the upcoming event. We are looking forward to share our experiences and leverage our expertise in critical areas such as energy management and best FM practices to offer key insights during the conference.
Mefma works with industry professionals to implement long-term sustainable development strategies, and deliver best-in-class customer service and asset protection to ensure better Return on Investment (ROI).-TradeArabia News Service
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