Trends: • Vision 2030 Projects Driving Demand: Major developments like RUA Al Madinah, Qiddiya, and Red Sea Project are fueling long-term demand for integrated Facility Management (FM) services • Shift Toward Integrated, Tech-Driven FM: Transition from single services to bundled FM contracts, with increasing use of IoT, AI, automation, and CAFM/BMS systems • Sustainability and Green Building Focus: Emphasis on energy efficiency, LEED certifications, and environmentally responsible FM practices • Public-Private Partnerships & Localisation: Growth in FM opportunities via PPPs, with a push to hire and develop Saudi talent in line with labour policies • Evolving Client Expectations: Rising demand for sector-specific expertise, performance-based contracts, and greater involvement in tenant experience and lifecycle management In the Kingdom of Saudi Arabia (“KSA”), our operations are carried out through Edgenta Arabia Limited (“EAL”), a wholly owned subsidiary based in Riyadh, and MEEM Facilities Management Company (“MEEM”), both forming part of UEM Edgenta’s international business division. We are dedicated to providing innovative, technology-driven, and sustainable solutions, while also delivering traditional Integrated Facilities Management (IFM) services. THE KINGDOM OF SAUDI ARABIA Response: • Aligning with Vision 2030: FM strategies are tailored to support mega projects and national goals, emphasising hospitality, smart cities, and sustainable urban development • Technology Integration: Core FM services are being enhanced through IoT, BMS, CAFM, AI, and predictive maintenance to drive efficiency and innovation • Sustainability & ESG Focus: Emphasis on green services, energy audits, LEED certifications, and ESG-driven value propositions aligned with environmental regulations • Local Capability Building: Strong focus on Saudi workforce development, partnerships, FM academies, and domainspecific expertise to meet regulatory and localisation requirements • Service Differentiation & Delivery: Shift toward bundled services, performance-based pricing, tenant engagement, and long-term lifecycle management to meet evolving client demands Operating Environment & Market Trends STRATEGIC REVIEW UEM EDGENTA BERHAD 62 Integrated Annual Report 2024
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