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Kuwait Facility Management to Surpass $1,995.5 Million Revenue by 2030, says P&S Intelligence
Much of the infrastructure development, including that under Kuwait Vision 2035, is being done so that the reliance of the country on the oil and gas industry can be lessened. With the global green push and Kuwait's own strong focus on sustainability, the oil and gas industry is set to lose its significance for the Kuwaiti economy after the next two decades, by which time the government wants to have developed other sectors enough, so that the country's economic growth isn't impacted much.
To leverage the opportunities being created by infrastructure development, Kuwaiti facility management market players are expanding their operations. For instance, a new brand, ProClean, was launched by Al Mulla Cleaning and Maintenance Services (AMCMS) in August 2021 for providing cleaning services at commercial, residential, and industrial facilities. Similarly, in January 2020 , ENGIE Services Kuwait was contracted by Taiba Hospital to offer integrated facility management services.
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
Prajneesh Kumar
P&S Intelligence
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