Tag Archives: MEFMA

New MEFMA report forecasts FM industry revenues in the GCC to continue growing by 10 per cent annually

  • Region’s increasing number of construction projects seen to drive in more growth
  • Market consolidation prompts increase in Mergers & Acquisition activities

 A report from the Middle East Facilities Management Association (MEFMA) confidently forecasts that revenues for the GCC region’s FM industry will continue to grow at 10 per cent annually for the next two years. The bullish outlook complements the region’s thriving FM segment with local firms placing key focus towards further growing their core business lines. The statement, which is the result of a survey commissioned by MEFMA, attributes the expected growth to drivers like the increasing demand generated from the region’s portfolio of construction projects and an expanded scope of work coming from existing clients. read more

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