SVC Jhilmil Residential BD Limited and Bangladesh Machine Tools Factory Limited (BMTF) have collaborated for the ‘Jhilmil Residential Park Technology Transfer’, in a programme on Wednesday.
The announcement of the collaboration was made in a programme at Pan Pacific Sonargaon, Dhaka where SVC Jhilmil Residential BD Limited Chairman Professor Dr Sharifah Sabrina and BMTF Director Brigadier General Md Arman Hossain signed the collaboration agreement on behalf of their organisations, reads a press release.
Under the collaboration, the Jhilmil residential park project, the country’s largest residential project under PPP initiative will likely reduce the use of manual labour and construction time, and help avoid mishaps of the traditional construction method. The Ministry of Housing and Public Works welcomed this progress for the quick implementation of the project.
Jhilmil project is being implemented with Rajdhani Unnayan Kartripakkha (RAJUK) as the public sector partner and Malaysian firm BNG Global Holding as the private sector partner.
The project deal was signed between the two partners in 2017, but construction in the housing project for middle-income group people is yet to begin.
The two years of pandemic delayed the whole implementation process and the shipping of all procurements from Malaysia while the intention of BNG Global Holding was also hampered due to the global economic crisis and heavy taxation.
Under the project, some 13,700 apartments will be built in four years.
The Private Partner BNG aims to provide a better home for the people and it is trying to leap into the production of spun piles and an industrialised building system. This technique of construction avoids all the mishaps of a traditional construction method also reduces manual labour, saves time and offers a clean environment to work in.
Technology transfer is one of the key components of commitment and collaboration in preparing a development index around diverse issues, speakers in the deal signing ceremony said.
BNG is planning to bring the first batch of piles within three months which would significantly boost the speed of completion of the project avoiding disruptions like weather conditions, and logistics.
Homes built with this technology will offer strong concrete walls resistant to earthquakes and have longevity.