Construction

Mouchel launches asset management workshops in Saudi Arabia

Business services group’s educational events will focus on managing assets and investments efficiently

PHOTO: Mouchel’s workshops will focus on the ‘strategic importance of asset management in today’s society’. Credit: Shutterstock

International infrastructure and business services group Mouchel is holding five client-specific workshops on asset management in Saudi Arabia.

One of the workshops will take place in Jeddah and the other four in Riyadh. The theme is ‘the strategic importance of asset management in today’s society’.

Alan Taggart, head of asset management, and Matthew Lugg, director of public services, are the two experts set to lead the workshops. They will be focusing on creating a wider understanding of asset management, and the value it can add in terms of both capital investment and as a service to the community.

Andrew Body, managing director of Mouchel Middle East, said: “We are going to educate and inform our clients on how to use asset management. The key issue is to share practices in the field. We have got one-on-one sessions where they will be able to ask some specific questions related to their specific needs”.

“What we are hoping to do is to be able to open a few clients’ eyes to things that they might not be thinking about,” he added.

Mr Taggart explained that the reason behind these workshops is that there has been a profound investment on infrastructure in the Middle East, but there is also an inefficiency problem.

He said: “What happens is when you create something you need to maintain it in the future. How that maintenance will be funded is also an important issue. We want to explain that there is an approach and part of that approach is managing assets and investments efficiently”.

The target audience is a group of decision makers in different departments across municipalities and other infrastructural authorities of Saudi Arabia. These are the clients who either have large infrastructure assets that they have to look after, or who are embarking on a large infrastructure investment programme and will soon have those assets that they need to manage.

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