Reducing Construction Costs
231. Through enhancing the project procurement model and streamlining the approval process, DEVB is implementing various measures to reduce construction costs and enhance effectiveness. For example, cost savings of about 10 per cent to 20 per cent can be achieved through direct procurement of Modular Integrated Construction (MiC) modules in LPH projects as well as electrical and mechanical equipment for a sewage treatment plant project.
232. Utilising its self-developed "Building Information Modelling (BIM)-enabled Systematic Approach to Foundation Design", the Housing Department achieves construction cost savings of about $1 million per building on average. In addition, the second-generation MiC approach, together with locally developed innovative coupling technology, are being adopted to expedite public housing projects and enhance cost-effectiveness.
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