15 - 17 January 2017
Jeddah Centre for Forum & Events
Saudi Arabia

Market opportunities

Saudi Arabia is the fastest growing facilities management market in the Middle East.  Here are some facts to support this.

Facts:

  1. Saudi FM market is worth $20.1bn as of March 2015 and is projected to rise to $29.1bn by 2017*
  2. The facilities management market in Saudi Arabia is already the largest in the region, accounting for around 55% of GCC spend*
  3. Increasing levels of government outsourcing following changes in regulation are driving up asset management
  4. Presence of global and multi nationals is a major driver for the growth of this market due to their increased awareness levels and willingness to invest in such services
  5. Investment in transport infrastructure including rail and metro is estimated to be $450 billion, affordable housing, hospitals and mosques  

*Credo, 2015