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                                    6SINGAPOREBUILDERSDIRECTORY2023/2024BEfirmsaresteppinguptransformationeffortstoseizeopportunitiesbydevelopingstrongerandlonger-termrelationshipswiththeirvaluechainpartnersRecognisingthevalueofcollectivetransformationfourdevelopers–CapitaLandDevelopmentCityDevelopmentsLimitedGuocoLand and UOL Group Limited– have signedMemorandumsofUnderstanding(MoUs)withtheirrespectivevaluechainpartners(buildersconsultantsandsub-contractors)tosupportoneanotheronthistransformationjourneyandcollectivelyachievebest-in-classoutcomestoimproveproductivityreduceforeignlabourandbuildresilienceagainstunprecedentedcrisesThefourdevelopersandtheirrespectivepartnerswerecommendedatBCA-REDASBuiltEnvironmentandPropertyProspectsSeminar2023fortakingtheleadinpilotingthisnewapproachTheirMOUssignifytheircommitmenttopursuestrategicrelationshipsoverasustainedprojectpipelineandtheirintenttoapplyforBCA’sGrowthandTransformationScheme(GTS)ThegroupsoffirmsintendtodevelopnewcapabilitiesthroughupcomingprojectsForinstanceCapitaLandanditspartnersincludingWohHupandThreesixtywillexplorecollaborativecontractingThisincludesprovisionstofacilitatetheearlywarningofissuesthatmayarisedisputeresolutionandmoreequitablesharingofriskssuchasmaterialpricefluctuationsamongprojectpartnersCapitaLandanditspartnerswillbeamongstthefirsttopilotthiscontractingapproachfortheprivatesectorforitsupcomingdevelopmentsIt was announced that CapitaLandhavefinalisedtheirinitiativesforfundingundertheGTSCityDevelopmentsLimited(CDL)anditspartnersareworkingtowardsestablishingaCommonDataEnvironment(CDE)platformthatconnectsvaluechainpartnersworkingonaprojectCDEenablesdatasharingacrossallpartiescreatingaone-stopconduciveenvironmentforupfrontcross-disciplinarycollaborationandfacilitatingasinglesourceoftruthforallstakeholdersInadditionCDLwillworkwithitspartnerssuchasADDPArchitectstoadoptnewsustainabletechnologiesinpipelineprojectshavingsignedtheWorldGreenBuildingCouncilsNetZeroCarbonBuildingsCommitmenttoachievenetzeroemissionsforthemaintenanceandoperationsofitsbuildingsby2030GuocoLandanditspartnersincluding WohHupandKimlyaimstoestablishacloud-basedCDEplatformfromDesigntoFacilitiesManagement(FM)thatwillenablethevaluechainpartnerstoworktowardscommonproductivityqualitycontroldecarbonisationandEnvironmentalSocialandGovernance(ESG)goalsGuocoLandwilllookintomakingitcommerciallyavailablefortheirpartnersInadditionGuocoLandhasalsobeguntotransformexistingassetsintosmarterandgreenerbuildingsandimplementintegrateddatadeliveryanddigitalsolutionsforalltheirongoingdevelopmentsAnother alliance that have finalised their initiativeforGTS fundingisUOLGroupLimited(UOL)UOLanditspartnersincludingUnitedTecwillfocusondevelopingnewprefabricationcapabilitiestoenhanceconstructionproductivityUOLanditspartnersplan to adoptrobots forlabour-intensivetasksandadoptmoreadvancedprefabricatedMechanicalElectricalandPlumbing(MEP)technologieswithintheirpipelineprojectswhicharedesignedandproducedinUnitedTecsnewin-houseproductionfacility5UOLandUnitedTechavecollaboratedonseveralprojectsincludingthe56-storey AvenueSouthResidencewhichistheworldstallestresidentialbuildingusingthesuccessofsuchsupportCollaborationhasincreasedconfidencebetweenpartnerstoleveragetechnologydevelopstrongalliancesandacceleratetransformationgrowthintheBEindustry
                                
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