Wednesday 6 July 2022

EFS wins three-year FM contract with KAEC


EFS Facilities Services, a regional leader in facilities management (FM) services, has been awarded an SR13-million ($3.46 million) integrated facility management contract at King Abdullah Economic City (KAEC).

Under the terms of the agreement, EFS will provide integrated facilities management services across the city, including catering, transportation and value-added services such as the integration of smart technology and computer-aided facility management (CAFM). The contract will run over an initial period of three years.

“King Abdullah Economic City is a major social and economic growth driver for the Kingdom of Saudi Arabia. As the city grows in complexity so too does its need for state-of-the-art integrated facilities management,” said Tariq Chauhan, group CEO, EFS Facilities Services. “With our expertise and experience in managing world-class facilities and technology-driven processes, we aim to maintain the highest standards of service appropriate to this ground-breaking city.”

“The complexity of operating a development on the scale of KAEC demands the very highest levels of specialist expertise across multiple business verticals. We selected EFS as our integrated facilities management service provider based on their wide-ranging industry expertise and their proven track record throughout the region,” said Ayman Mansi, acting CEO of KAEC’s Industrial Valley and senior director of New Business Ventures.  “We have every confidence in our new partner and look forward to a long and happy working relationship.”

KAEC is the largest privately-funded new city development in the world, covering an area of 181 sq km on Saudi Arabia’s Red Sea Coast. The city’s King Abdullah Port is one of the world’s top 100 container ports and feeds a growing logistics and light manufacturing hub. The city is also the largest residential real estate company in Saudi Arabia in terms of sales and operates a wide range of commercial, leisure and retail outlets. The city is under development by Emaar, The Economic City. – TradeArabia News Service

Tags: King Abdullah Economic City | KAEC | EFS | FM contract |

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