This NYE piece discusses how the modular construction method can help project owners save 50% on the time it takes to complete their building projects read full article.
According to McKinsey & Company, the construction industry represents 14% the global GDP. Yet, there are still many construction project disruptions. There are many external factors that cause these disruptions.
The modular construction industry is able to play a key role in resolving such problems by bringing production and manufacturing advantages into building projects. Modular Construction is a method where building modules are built in a factory that is isolated and controlled off-site and then assembled on the construction site. A major difference between conventional construction and modular is that the latter can save as much as 50% in the overall timeframe. Modular Construction also improves quality, reduces waste and increases budgeting flexibility.