EFS wins $122mn FM contracts in UAE and Qatar
EFS Facilities Services has started 2017 with a bang, adding new contracts worth AED 450mn ($122.5mn) to its growing project backlog which now stands at an all-time high of AED 3.5bn
A major government entity in the UAE as well as projects in Qatar are among the new deals which come off the back of a successful 2016, where it saw 15 percent growth.
EFS now counts 300 prominent multinational conglomerates among its client roster, the company said in a statement.
Tariq Chauhan, Group CEO said: 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.