Farnek Awarded FM Contracts Worth AED 356 Million in H1 2023

  • Company underscores market-leading position with a range of new and retained facilities management contracts in sectors such as energy, aviation, hospitality, retail & residential real estate.

  • Over 1,450 staff to be mobilised throughout Dubai, Abu Dhabi & the Northern Emirates.
     

Leading UAE-based smart and green facilities management (FM) company Farnek has secured a host of new and retained contracts, valued at more than AED 356 million during the first six months of 2023.
 

‘Planning to succeed’ – Farnek will service their latest contract wins, by mobilising more than 1,450 members of staff to sites across the UAE

 

In total Farnek has been awarded 69 contracts, an average of eleven every month and overall, more than 1,450 members of staff will be mobilised to sites across the UAE, with 65% of projects located in Dubai, 18% in Abu Dhabi and 17% in the Northern Emirates.

 

Farnek also services a wide range of industry sectors such as energy, security, aviation, hospitality, retail and residential property. The scope of work includes a considerable number of contracts for total facilities management (TFM) as well as dedicated hard and soft services such as MEP, cleaning, maintenance, security and housekeeping appointments, amongst others.

 

The company has been particularly successful in the hospitality sector, winning contracts for housekeeping, maintenance and security from SLS Residences in Dubai’s Business Bay, the five-star Sofitel The Palm and the luxury Anantara properties on the Palm Jumeirah and the World Islands. In terms of manpower, Farnek has grown its hospitality business by 55% since the start of the year.

 

Other notable contract wins include cleaning and maintenance at Expo City, a hard services contract for the Barakah Nuclear Power Plant in Abu Dhabi, as well as TFM for Dubai-based aviation services company ExecuJet as well as the Dubai Police.

 

However, the most prestigious contract awarded to Farnek has to be the renewal of their three-year MEP hard services contract for the Burj Khalifa, the world’s tallest tower, which it has held since 2010.    

 

Markus Oberlin, the CEO of Farnek, said, “Farnek has always focused on innovative, technology-driven and sustainable FM solutions. This strategy has supported our business growth and maintained our competitive edge in the market, culminating in these substantial contract wins.”

 

For more information, log on to www.farnek.com.

Latest

Tech Upskilling Key Focus for 87% of India’s Female Workforce: Emeritus Global Workplace Skills Study 2023

Priming themselves to be leaders in rapidly evolving tech-driven...

NSE Listed Companies’ Market Capitalization Surpass USD 4 Trillion

The market capitalization of Indian listed companies on NSE...

Newsletter

spot_img

Don't miss

spot_imgspot_img

Amit Shah’s Pledge to Secure Pakistan and Bangladesh Borders within 2 Years

In a recent announcement, Union Home Minister Amit Shah has declared that India's borders with Pakistan and Bangladesh will be completely secured within the...

PM Modi Joins Global Leaders in Dubai as 200 Nations Unite for a Groundbreaking Climate Accord

In a historic decision at the beginning of the 2023 United Nations Climate Change Conference in Dubai, nearly 200 nations have come together to...

Manish Sisodia Takes On the Supreme Court in Pursuit of Bail

In a recent turn of events, former Delhi deputy chief minister Manish Sisodia has approached the Supreme Court seeking a review of its order...

Leave a Reply