Public Utilities Management Company: KWD 12 million to implement the development plan

تم النشر على alanba في 25 أكتوبر 2021

Sources revealed that the Public Facilities Management Company allocated a budget estimated at about KWD 12 million to implement its strategy and future development plan. The implantation of the plan is projected to extend from 18 to 24 months.
Sources added that the company is leading a comprehensive development process as part of an integrated system, a clear philosophy and a specific vision drawn from the company's strengths. The sources also indicated that the company entered into agreements with a number of global consulting firms to provide advisory services to implement the strategy and formulate a roadmap for its business plan. The results of the study concluded that the company has to attract experienced employees to promote its business.
As for the budget allocated to implement the process, the sources said that it is focused on the demolition and reconstruction of the parking lot of the ministries complex at a value of KWD 3 million, the development of the central gold market valued at f KWD 2 million, the project to develop the accounting system and entry and exit systems at parking lots at KWD 1 million, and buildings structural maintenance at KWD 2 million, as well as internal and external architectural development at KWD 2.5 million, and finally maintenance work to keep pace with global sustainability at KWD 1.5 million.
Public Facilities Management Company’s activities are focused on providing property management services to third parties, as well as renting and leasing real estate properties, since the company was established in 1982. In 2015 the company added an additional activity of car parking lots and the establishment of labor housing cities. In 2021, the company added the management of storage spaces to its objectives.  
The sources indicated that the company cited a number of problems in case it didn’t develop its facilities which may pose an obstacle in achieving its goals and vision to match neighboring countries, upgrade government parking buildings and increase the sector’s global competitiveness. Therefore, the company decided that it had to reconsider the state property agreements (specially the parking lots) which is based on tariff as a unilateral revenue, especially with the increase in labor wages (security - cleaning..etc..). The sources pointed out that in light of the lack of security of using the parking spaces, they will be shut down, which will lead to traffic crises with ominous consequences, especially in the capital, as a result of the closure of the roads leading in and out of the capital as the public would be forced to use the streets and roads to park their cars, resulting in a traffic crisis in the event that these projects were not implemented. The company has addressed the Ministry of Finance more than once about these matters as well as other issues.
Moreover, failure to architecturally renovate the buildings exteriors leads to distortion and clear visual pollution that limits the objectives and directives of the Council of Ministers aimed at developing the capital.
 

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