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Effectively managing assets at every stage of its lifecycle can help realize its value, if done accurately. Organizations, therefore, need to better understand what asset management is and recognize the benefits of asset advisory solutions by going beyond day-to-day operations and seeking continual improvements through cost-effective measures.
Assets in the Middle East are in different maturity stages today; subsequently presenting unique challenges and opportunities. Click the orange circles to learn about the key themes influencing the asset management industry.
Organizations face unique challenges in asset management and optimization because of the constantly changing dynamics surrounding their assets.
A comprehensive approach that is tailored to the needs of clients is needed because there’s no one size fits all when it comes to asset management.
Arcadis supported National Water Company in preparing a database study of water and wastewater infrastructure assets; developing an integrated water, wastewater and treated sewage effluent master plan; and preparing a capital investment plan for 2015 to 2050. The study resulted in a master plan that enables the planning of water and wastewater services for over 7 million people and industrial clients in the region until 2050.
Arcadis helped Oman’s Public Authority for Electricity and Water (PAEW) to improve its overall processes for water management services and deploy new systems and procedures. This was achieved by conducting a needs assessment, developing organizational objectives and asset inventory, and preparing an asset management plan.
Leveraging global expertise and best practice, Arcadis led the development of a business strategy and operating model for the newly created Asset Management department of Lusail Real Estate Development Company (LREDC) on behalf of Qatari Diar. By providing valuable data to influence decision making, Arcadis supported Qatari Diar to achieve the best financial benefit from its assets. In addition, Arcadis embedded a team within the client’s office to share knowledge and ensure people and organizational transformation.
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