23 Hrs
Source:
عكاظ
Official assumes sector leadership
The article emphasizes that the adoption of responsibility by facility management professionals goes beyond the current market growth, which exceeds $50 billion, to include redefining the sector's role within city ecosystems and enhancing its performance through technology and artificial intelligence. It highlights the importance of shifting from traditional operations to asset life-cycle value management, focusing on predicting needs and measuring impact. Additionally, it underscores the necessity of a clear regulatory environment and effective partnerships to support the growth of national companies and innovation. This transformation is seen as a key contributor to building a more mature economy and expanding the sector’s future potential over the coming years, especially with major projects like Expo Riyadh 2030 and the 2034 FIFA World Cup.
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