Market Share of Egypt Facility Management Industry
The Egyptian facility management market comprises local and international players. The FM companies are incorporating technologies into their services, adding strength to their service portfolio. Quality certification, service offerings, costs, and technical capabilities are important factors in attracting new contracts. As the market is in the growth stage, the players in the market are opting for significant strategies to sustain the market. Overall, the intensity of the competitive rivalry is high in the studied market and is expected to be the same over the forecasted period.
- In November 2022, DM Development Company signed an MoU with Apleona GMBH to establish the first destination for recreational medical tourism in Egypt, with investments estimated at EGP 300 million. Through this partnership, Apleona provides specialized services at The Grove Resort (Ain Sokhna-Al-Galala) and established the first health destination, with a private hotel attached to it, to meet the demands of people visiting the resort.
- In November 2022, Eden Facility Management announced a new contract for Al Ahly Sporting Club's facility management. The scope of operations for Al Ahly SC Fifth Settlement comprises maintenance, housekeeping, pest control, and operations. Eden will offer soft services under a three-year contract for Sheikh Zayed, El-Gezira, and Nasr City branches. This project is a significant addition to the portfolio and reflects its partners' and clients' trust in the firm.
Egypt Facility Management Market Leaders
Contrack FM (Orascom Construction PLC)
Enova Facilities Management Services LLC
EFS Facilities Services Group
Apleona IFMC (Apleona GMBH)
CBRE Group Inc.
*Disclaimer: Major Players sorted in no particular order
