EFS Facilities Services, a regional leader in facilities management services in the Middle East, Africa, South Asia and Turkey, has secured contracts worth Dh450 million ($122.5 million) in the UAE and Qatar.

The contracts include managing the premises of a major government entity in the UAE as well as projects in Qatar.

The contract wins enhance the considerable gains secured by the company in 2016, where it achieved 15 per cent year-on-year growth to raise the ongoing projects backlog to an all-time high of Dh3.5 billion ($952.7 million).

EFS’ track record of consistent client satisfaction, as evidenced by the industry high client retention rate of 97 per cent, 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.

Tariq Chauhan, group CEO, said: “We are delighted to start 2017 on a strong and positive note. The Dh450-million ($122.5 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 endeavour 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 in the UAE, India, Qatar, and Saudi Arabia.

“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,” he added.

“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,” Chauhan concluded. – TradeArabia News Service