The benefits: modular construction can speed-up projects completions by as much as 50% and it can cut costs by up to 20%.
Mar 10, 2021
For many years, building new production facilities outside your home market has been a cost and time-intensive endeavour.
Companys building new manufacturing plants are often suffering from budget overruns, delays and quality assurance problems. Building new production facilities is becoming even more challenging, when new plants are being built in emerging markets, where the regulatory environment and the availability of local suppliers adds further complexity.
Leveraging modular construction technologies bears several advanategs such as a reducing the dependency on local suppliers, improving access to materials, reducing local site constraints and enhancing quality standardisation.