Saudi Arabia's facility management market is worth more than $50 billion and its size reflects opportunities to maximise asset value, improve urban efficiency, and develop a nationally competitive sector with a global reach.
This is according to the Minister of Municipalities and Housing Majed Al-Hogail who opened the International Facility Management Conference and Exhibition (SFMA EXPO 2026), held under the theme "Smart Facilities, Smart Cities", a Saudi Press Agency (SPA) report said.
The event brings together experts and specialists, as well as government and private-sector entities, and others interested in the facility management sector.
Saudi cities expanding
The minister noted that the conference comes as Saudi cities continue to expand and their assets and services grow, alongside major national and global commitments, notably Expo 2030 Riyadh and the FIFA World Cup 2034.
He stressed that these developments underscore the need to advance asset and facility management practices and improve their efficiency.
Al-Hogail added that facility management has become an important factor in cities' ability to preserve resources, improve services, and make timely decisions. He emphasised the need to move from merely operating facilities to managing asset value throughout their life cycles, and from responding to failures after they occur to anticipating needs before they arise.
Scalable solutions
He said SFMA EXPO 2026 aims to move beyond the exchange of ideas toward scalable solutions, partnerships, and projects, which can drive the sector's development and strengthen its readiness for the next phase.
Al-Hogail also emphasised that smart cities are built on their ability to turn data into decisions, decisions into services, and services into value that people can experience.
Concluding his remarks, the minister said the future of facility management in Saudi Arabia rests on technology as a tool, data as a foundation, investment as a driver, efficiency as a benchmark, and people as the ultimate goal.—TradeArabia News Service
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