The housing crisis around the world has been widely acknowledged: home-building
rates are just a quarter of the millions of units and houses required
annually and are insufficient to meet accumulated needs. The failure to
meet these supply levels is partly explained by the challenges that the
the industry is facing, such as low productivity, labour shortages, lack of
collaboration and failure to embrace new technologies. Modern methods of
construction (MMC), manufacturing methods that harness digital
techniques, Building Information Modelling (BIM) and offsite manufacture
have all been widely promoted as solutions to industry challenges, with
a particular emphasis on the potential of offsite manufacturing for
residential housing.
Construction in general, and housebuilding in particular, will play a
vital role in Asia’s post-COVID recovery. More can be done within the
construction and housebuilding sector to develop a vision of how the
uptake of modular methods, offsite manufacturing and MMC will be part of
this recovery, and could also help to tackle regional inequalities and
address the ’levelling-up agenda’. This will require the collection of data
on where components are both manufactured and used, in order that the
geographies of production can be understood and used to inform decision
making about sustainable and responsible procurement.
However, as we have seen there have been issues in delays in the global
supply chain, raw materials and increasing shortages in skilled manpower
have accelerated the move towards Modular and Prefabrication.
With Opportunities coming into the hot markets such as data centres,
logistics, residential and life sciences the catalyst has been set for
companies now to embrace the Modular and Prefabrication around the world.
For more information regarding the event, please view our brochure here
If you have any enquiries, please do not hesitate to contact me at
+8618067226015 or email us here