FRONT ROOF AND CLADDING 2011

Construction activities and facilities management (FM) continue to be the mainstay of the economic activities in the region.

Experts in the field estimate that in the life cycle of a building, the design and construction phase only accounts for 20 per cent of the overall costs, with the remaining 80 per cent being taken up by the operation, maintenance and management of the facilities.

Research indicates that the facilities management market in the Gulf will be worth an estimated $892 billion over the next 25 years. The figures show that the FM industry in the UAE alone is potentially worth $704 billion, with the markets in Saudi Arabia and Qatar worth $96 billion and $92 billion respectively.