The Saudi Public Investment Fund announced the establishment of the Saudi Facilities Management Company “FMTECH”, which specializes in providing integrated services in the fields of facilities management, energy management, waste management, maintenance, cleaning services, security, and landscaping services.
The company aims to enhance development sustainability and raise the efficiency of operations in the facilities management sector locally, by focusing on facilities management, which contributes to reducing costs and extending the life span of facilities for various real estate development projects in the Kingdom.
The establishment of the Saudi Facilities Management Company “FMTECH” comes in line with the Fund’s strategy to launch and enable promising sectors, with the aim of supporting economic diversification, finding sustainable solutions, and working to localize technologies and transfer knowledge in the Kingdom.