Riyadh, Saudi Arabia – As part of its commitment to developing fully integrated real estate projects and enhancing their operational standards, AREIC has announced the signing of a strategic agreement with Saudi Facilities Management Company (Marafig Saudi) to manage and operate the facilities of the NEOM Village – Staff Camp residential project.
The agreement was signed during AREIC’s participation as a Diamond Sponsor at Restatex Real Estate Exhibition in Riyadh. Representing AREIC in the signing was its subsidiary, Sustainable Services Company, reflecting the Group’s commitment to establishing sustainable operational environments built on global best practices in managing smart residential communities.
The CEO of Marafig Saudi emphasized the significance of the partnership, stating: “This agreement with AREIC, through its subsidiary Sustainable Services, confirms the efficiency and capabilities of Marafig Saudi in operating residential community facilities to the highest standards. We are committed to providing services that align with the ambitions of NEOM and Saudi Vision 2030.”
Echoing this sentiment, the CEO of AREIC commented: “At AREIC, we believe in the importance of building strategic partnerships that contribute to creating integrated and sustainable living environments. This agreement with Marafig Saudi marks a pivotal step in the development of the NEOM Village – Staff Camp, through which we aim to deliver a pioneering residential experience in the heart of NEOM.”
Under the terms of the agreement, Marafig Saudi will provide a comprehensive suite of services that includes maintenance, technical supervision, and energy management. These services will be delivered in alignment with the principles of sustainability and innovation that form the foundation of the NEOM Village – Staff Camp project.
This collaboration reflects AREIC’s strategic direction to strengthen its projects and enhance operational efficiency through partnerships with leading national companies. It represents a successful model of cooperation between the real estate and facilities management sectors in Saudi Arabia and supports NEOM’s ambition to become a global destination for smart and sustainable communities.
Saudi Facilities Management Company, founded in 2019, specializes in the management and operation of facilities. The company provides integrated solutions that include maintenance, asset management, and manpower services, with a focus on international standards of quality and sustainability aimed at improving efficiency and customer experience.
AREIC, established in 2006, was founded with a bold vision to redefine real estate development in Saudi Arabia by blending heritage with innovation. The company goes beyond developing projects to create unique destinations and sustainable communities that inspire, enrich lives, and leave a legacy for generations to come.
