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FM growth in Saudi Arabia

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According to a research report by Credo Business Consulting, Saudi Arabia’s FM market is currently worth $20-25bn and is growing over 10% year-on-year. Conducted in partnership with the Middle East Facilities Management Association (MEFMA), the report includes information on a government initiative to increase asset management standards. Additionally, it details the proposal’s approach in managing procurement, service management and human resource development. The proposal aims to establish a regulation that will aid in professionalizing the FM industry in the kingdom.

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