Chinachem Group and GMC Grand-Bay Intelligent Manufacturing and Technology Form Strategic Partnership for Modular Integrated Construction to Foster Sustainability

HONG KONG SAR – Media OutReach – August 10, 2023 – Chinachem Group (“the Group”) and GMC Grand-Bay Intelligent Manufacturing and Technology Co., Ltd. (“GBIMT”) have signed a memorandum of understanding for a strategic partnership for the development and use of the Modular Integrated Building (MiC) system. The MoU will create mutual benefits for both partners as they can complement each other in gaining competitive advantage through joint technology innovation, material sourcing and supply, information exchange, to technical consultation and more. This collaboration will further improve the efficiency and quality of construction in Hong Kong, as well as efforts to achieve carbon neutrality by 2050.

Donald Choi, Executive Director and Chief Executive Officer of Chinachem Group, said: “Underscored by the group’s core value of creating a balance between ‘people, prosperity and planet’, we are committed to setting high green building standards. , reduce carbon emissions, promote sustainability and create positive value for the environment and society while building quality and comfortable homes to meet residential needs. Adopting the new MiC system not only improves the construction efficiency and ensures the quality of construction, but also streamlines the construction process on site, reducing waste and noise generated during construction, as well as reducing carbon emissions to have a positive impact on the community and the environment. ‘environment.”

Choi added that the group and GBIMT will create synergies through joint innovation, development and adoption of new proptech applications. GBIMT, a subsidiary of Guangzhou Municipal Construction Group Co., Ltd. (GMCG) which is part of the Fortune Global 500, is a market leader in prefabricated buildings in the Greater Bay Area (GBA) and Guangdong Province. It has multiple ISO9001, ISO14001, ISO45001 and other management system accreditations, as well as QSPSC:2014 certification by the Hong Kong Quality Assurance Agency.

Liang Huqing, President of GMCG Guangzhou Municipal Construction Group Co., Ltd. said: “To echo the policy of the central government in promoting the development of the GBA, GMCG has collaborated with many Hong Kong construction companies in technology research and development, engineering construction, market development , brand promotion, training and information exchange, with the As part of this close collaboration with Chinachem Group, GBIMT provides MiC products and services for the Tonkin Street project, the first large-scale residential project height using a concrete MiC system in Hong Kong, and has made innovative achievements in the adoption of DFMA, MiC, BIM, digital construction and other technologies.Building on this foundation, the two companies have now signed the strategic partnership memorandum of understanding. I firmly believe that this will be a long-term and solid collaboration with great prospects.”

Chinachem Group is the first private developer in Hong Kong to apply the MiC concrete system in a private residential project. The Tonkin Street project in the heart of West Kowloon, in collaboration with the Urban Renewal Authority, is also the Group’s first MiC project. The technology will soon be adopted for another of the Group’s property development projects at the Tung Chung Traction Substation, which is of a much larger scale and will further promote sustainability.

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