Urgent.News

What's breaking now, across thousands of outlets.

Business

Aboitiz teams up with ACCIONA for facilities management services

Spanish multinational ACCIONA has teamed up with local conglomerate Aboitiz Group to deliver integrated facilities management services to domestic enterprises, opening up new revenue opportunities for both parties.

Spanish firm ACCIONA has joined forces with Philippine conglomerate Aboitiz Group to offer integrated facilities management (IFM) services to local businesses, creating fresh income avenues for both parties. Yesterday, Aboitiz Construction Inc. announced a partnership with ACCIONA to establish a new joint venture called ACCIONA Facility Management Philippines.

This venture leverages ACCIONA's global expertise and Aboitiz Construction's engineering prowess to enter the local IFM market. The company's IFM services include maintenance, technical support, business process outsourcing, and tasks such as cleaning and housekeeping, catering to high-value industries like pharmaceuticals and transportation.

Aboitiz Construction's president and chairman, Anton Mari Perdices, emphasized innovation as the core of the joint venture, utilizing digital tools, cutting-edge technology, and lean methodologies to enhance cost efficiency for clients. Antonio Peñaflver, Aboitiz Construction's executive director, added that the partnership with ACCIONA was chosen due to the company's proven track record in business expansion and operational excellence.

The Philippines is a crucial market for ACCIONA, given the increasing demand for IFM services. Ruben Camba, ACCIONA's managing director for Southeast Asia, stated that the joint venture with Aboitiz Construction enables the multinational company to bring extensive international know-how, innovation, and digital capabilities in IFM to cater to the evolving needs of its clients and lay a robust foundation for long-term growth.

IFM is a business model where multiple facility functions are managed by a single service provider, reducing operational costs as clients are bound by a single contract rather than hiring separate vendors for each service. Typically, IFM extends beyond facilities maintenance to encompass support services like cleaning and security.

ACCIONA is among Spain's largest firms, with a global presence in 10 countries and thousands of projects, while Aboitiz Construction is renowned for constructing industrial facilities.

Written by urgent.news from Philippine Star Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at philstar.com →

More in Business

More from Monday 14 September →