Pantheon in talks with 3D construction experts for UAE tower
DUBAI, August 23, 2021
UAE-based Pantheon Development said it was in discussion with leading global specialists in 3D construction sector for the development of a 10-storey tower in the country.
The company's move comes amid growing adoption of 3D technology in designing and building construction projects, stated the company in a statement.
Confirming the 3D project plan, Chairman Kalpesh Kinariwala said: "Talks are on with three companies from the US and Europe for getting their proposals for a 10-storey building."
"But first we have to make sure that the project is scalable, as without that factor, building one stand-alone building will make it costly and commercially unviable," he stated.
"There is a growing demand for building 3D housing units across the globe, encouraged by the benefits afforded by the technology," he added.
Last year, the global 3D printing in construction market was valued at $7 billion, with a projected compound annual growth rate (CAGR) of 91.5 per cent through to 2028, said Kinariwala, citing a recent research.
"The growing adoption of 3D technology in designing and building a wide range of construction projects is mainly due to the accuracy and quality it delivers, along with the cost efficiencies it provides," he added.
In addition, 3D printing could help contribute to solving housing shortages, provide relief to those affected by calamities and disasters and even address the construction labour deficiency in some developing countries, it added.
Kinariwala pointed out that the UAE, Dubai in particular, was well-positioned to be a leader in the global construction market using 3D technology.
"The emirate has actively promoted 3D printing in construction, with a target seeking to have 25 per cent of its buildings being constructed using the technology by 2030, as part of its aspirations to be a regional and international hub for 3D printing technology," he added.-TradeArabia News Service