Services Areas / FACILITY MANAGEMENT
In many parts of the west and sub-Saharan Africa, the concept of specialised facilities management is still in the process of evolving, presenting an opportunity for growth in the sector. In the past three years, there has been increased enquiries for FM services across sub-Saharan Africa. Many organisations see value in outsourcing this service, allowing them to focus on their core business.
In recent years, key economic indicators such as inflation, local currency depreciation against major currencies and high interest rates have increased FM operational costs and put pressure on the company’s bottom line, with many clients now insisting on guaranteed cost savings over an agreed period. This could present new opportunity for FM service firms to explore an upcoming market within Africa. For organisations wishing to penetrate into this sector, Oakmark can help to facilitate your entry.
For more information or consultation, please do get in touch.