The Advanced Manufacturing Growth Centre has been awarded $2 million to manage a new Innovation Hub for the prefabricated building industry.
It is worth 3 to 5 per cent of the $150 billion construction industry currently,
and could increase to 15 per cent of the total by 2025, Andrews said at the announcement of the feasibility study last year.
Dr Jens Goennemann, managing director of AMGC, said the network of Prefab Innovation Labs across the country would “help drive skills, accelerate adoption of new technology, formulate regulatory proposals, identify new procurement pathways, and recommend new funding mechanisms – all to support a burgeoning prefab construction industry.”
“The hub will work to increase collaboration between industry and researchers, and support new technologies and innovations that provide smarter, cheaper, faster and more sustainable construction solutions,” said Andrews in a statement.
Picture: supplied
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