EFS Facilities Services Jumpstarts 2017 with AED 450 Million Contract: EFS’ ongoing contracts portfolio reaches all time high of AED 3.5 Billion across MENA, South Asia and Turkey
“EFS Facilities Services“, a regional leader in delivering integrated facilities management services across the Middle East, Africa, South Asia and Turkey, today announced major contract wins worth AED 450 Million in UAE and Qatar. The company has secured contracts to manage the premises of a major government entity in UAE as well as projects in Qatar.
The contract wins enhance the considerable gains secured by the company in 2016, where it achieved 15 % Year on Year growth to raise the ongoing projects backlog to an all-time high of AED 3.5 Billion. EFS’ track record of consistent client satisfaction, as evidenced by the industry high client retention rate of 97%, helped the company grow its clientele to span more than 300 prominent multinational conglomerates, managing more than 300 million Sq. Ft. of built up space globally.
Terming the contract wins a “positive development”, Tariq Chauhan, Group CEO stated, “We are delighted to start 2017 on a strong and positive note. The AED 450 Million contract wins are a vindication of the trust our clients have reposed in us. Despite the challenging conditions and cautious market sentiment prevailing in our region, we are confident of building upon the successes of 2016 and progressing in our long-term objectives globally.
Our strategy for 2017 will rest on the twin pillars of consolidation and growth. We remain determined in our endeavor to emerge as a leader in Total Facilities Management across all sectors and verticals in which we operate. We expect most of our growth to arise from our key markets UAE, India, Qatar, and KSA.
Our strategic global footprint, sustained investments in the training and development of our skilled and experienced personnel, and unmatched track record of consistent client satisfaction, gives us a leading edge over our competitors. We derive our strength from our talented, skilled, motivated and experienced workforce (spanning more than 15,000 global professionals) who are the bedrock of our historic success.
We are convinced that the dynamic $1.2 Trillion FM market (per an IFMA study) is poised for a significant growth curve, particularly in our key markets. We remain well placed to address the growing need for globally renowned quality facilities management services, and our client centric operations and people oriented management will fuel our ambitions and nurture our expansion beyond existing horizons.”
About EFS Facilities Management Services (EFS)
EFS Facilities Services is a regional leader in delivering integrated facilities management services across the Middle East, Africa, South Asia and Turkey. EFS has been accredited for over 16 years in providing quality services to some of the biggest regional names including leading multinationals in the region. Our global footprint spans over 20 countries, driven by a powerful workforce of more than 15,000 outstanding professionals.
EFS operates as a trusted partner that adds value to companies through 17 service categories and 75 service lines that maximise and protect the long-term value of assets, reduce operating costs, and limit exposure to local labour, health and safety, environmental and other regulatory issues.
For further information, please contact:
Ananya Mundakal
Group Communications Manager
EFS Facilities Services
Dubai, UAE
Tel: +971 4 4577 500
E-mail: ananya.mundakal@efsme.com
