UAE-based Farnek awarded US$96.9m in construction contracts

Leading UAE smart and green facilities management company - Farnek - has secured US$96.9m in construction contracts for the first half of 2023

Founded in 1980, Farnek has been driving sustainable and technology-driven facilities management (FM) for more than 40 years. The company operates across a number of sectors including Aviation, Hospitality, Banking, Retail, Shopping Malls, Telecom, Residential, Commercial, Infrastructure, Government, Education, Leisure, and Entertainment.

Committed to stakeholder satisfaction, Farnek seeks to drive innovation by working with integrative, respect, as a team, and never stop learning. 

Farnek secures US$96.9m in construction contracts

Reporting a successful first half of 2023, Farnek has secured US$96.9m in construction contracts both new and retained. In total, the FM company has been awarded 69 contracts - an average of 11 a month - with more than 1,450 staff members working across sites in Dubai (65%), Abu Dhabi (18%), and Northern Emirates (17%).

Farnek’s scope of work for these contracts includes total facilities management (TFM), as well as dedicated hard and soft services including MEP, cleaning, maintenance, security, and housekeeping.  

A particular success for the company comes from the hospitality sector where Farnek has won contracts for housekeeping, maintenance, and security in Dubai’s Business Bay, Plan Jumeirah, and the World Island. This success can be seen in the company’s growth, increasing its hospitality business by 55% since the start of the year. 

Other notable contracts include Exp City, Barakah Nuclear Power Plant, ExecuJet, and the Dubai Police. However, the company is most proud of its MEP hard services three-year renewal contract for the Burj Khalifa - the world’s tallest tower. Farnek has held this contract since 2010.

Commenting on its achievements Markus Oberlin, the CEO of Farnek, said: “Farnek has always focused on innovative, technology-driven, and sustainable FM solutions. This strategy has supported our business growth and maintained our competitive edge in the market, culminating in these substantial contract wins.”

Who is Markus Oberlin?

Markus Oberlin

With a career spanning 25 years, Markus Oberlin has held the position of CEO at Farnek since 2012. As an experienced leader in facilities management and a Certified HVAC Engineer Oberlin has a passion for technology, sustainability, and innovation in FM.

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