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Singapore Investment


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Author:   |    Publish date: Wed, 4 Nov 2020, 11:39 AM

Today, THE EDGE reported that Gamuda Industrial Building System Sdn Bhd and Crest Builder Holdings Bhd’s unit Crest Builder Sdn Bhd have recently entered into a memorandum of understanding (MoU) to explore potential business opportunities.

In a joint statement today, both parties said the MoU is aimed at examining the possibility of joint cooperation and strategic ventures in prospective collaborations, tenders and projects, as well as evaluation of the scope of work to be carried out by both parties.

Gamuda Engineering managing director Datuk Ubull Din Om said industry 4.0 is transforming project deliveries in property development in a way that manufactured homes will now become a mainstay.

“Our partnerships with developers are aimed at bringing to market the next level of building solutions that will be transformative for the building construction industry.

“It will accelerate the adoption of prefab products across the industry and elevate the supply chain for improved quality, safety and productivity,” he said.

Meanwhile, Crest Builder chief executive officer (CEO) Teh Hock Hua said as the company aspires to become a global player, the valuable exchange of professional knowledge and best practices to be shared in this partnership will continually sharpen its goal towards providing the best services and reaching its aspirations.

The digital industrial building system (IBS) is said to be spearheading the local construction industry towards greater excellence through design flexibility, faster delivery and minimal construction waste.
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