Signing Ceremony: Strategic Cooperation Officially Sets Sail
On April 28th, Valor Group Ltd (a leading local comprehensive real estate development operator in Norway, with high-quality land reserve and full chain project operation capability) and GS Housing Group Co., Ltd. held a grand signing ceremony for strategic cooperation in Foshan.The two sides formally reached a long-term in-depth strategic cooperation, taking Norway as the core pivot point, and jointly exploring the blue ocean market of high-quality modular buildings in Europe.
The cooperation will focus on the core business of high-quality housing, boutique apartments, cultural tourism hotels, vacation complexes, student apartments and low-carbon sustainable communities, and jointly build a modular building cooperation platform for the Norwegian and European markets, so as to promote the deep docking between China’s prefabricated intelligent construction system and the European high-end market.
Industry Trend: Modular Building Becomes the New Direction of Global Construction Transformation
Fu Tonghuan, General Manager of GS Housing Group Co., Ltd. International Company, said in his speech that the global construction industry is moving towards a new stage of green, industrialized and intensive transformation, and the traditional cast-in-place model has been difficult to adapt to the needs of countries for carbon reduction, efficiency and rapid delivery.With the core advantages of short construction period, stable quality, low carbon and environmental protection, and less on-site construction, modular building has become the mainstream direction of global construction industry upgrading.
As one of the countries with the highest construction standards and the best business environment in Europe, Norway has strong demand for housing and vacation properties, and has a long-term and stable market for high-quality, low-carbon and fast-delivery modular building products, which lays a solid foundation for the development of the strategic cooperation between the two sides.
Complementary Advantages: Deep Integration of Local Resources and Intelligent Manufacturing
Mr. Fu Tonghuan said that GS Housing Group Co., Ltd. has a perfect modular building industry system, mature intelligent manufacturing capabilities, advanced automated production lines and stable global supply chain management capabilities, which can provide whole-process modular overall delivery solutions for overseas projects.
Valor Group,Ltd. has been deeply cultivating the local market in Norway for a long time, and has the ability to operate the whole closed-loop operation from land acquisition, approval, construction to operation.
In this cooperation, both parties will give full play to their respective advantages, realize the deep synergy between “China’s manufacturing capability” and “Norway’s local resources”, and jointly promote the adaptation of modular building products to the Norwegian and European construction standards, and accelerate the relevant certification, technology landing and localized engineering application.We will work together to promote the adaptation of modular building products to Norwegian and European construction standards, accelerate the relevant certification, technology landing and localized engineering applications, and comprehensively enhance theEuropean modular construction project landing efficiency and market competitiveness.
Consensus on cooperation: long-term mutual trust lays a solid foundation for cooperation
Mr. Ruben, founder of Valor Group, Ltd., said, “The local Norwegian construction market needs a new construction model that is more efficient, cost-effective, and with more controllable quality. ” GS Housing Group Co., Ltd.’s mature, modularized, intelligent offsite construction system and overseas experience are highly complementary to our local land and development resources, with the same concept, and have a very strong foundation for market landing. He believes that the two sides are highly compatible in terms of resources, capabilities, and development concepts and that they build a strong mutual trust mechanism, which is not only the beginning of project cooperation but also an important starting point for long-term strategic synergy.
Future Prospect: Creating a New Benchmark for Offsite Modular Building Cooperation between China and Europe
In the next phase, the two parties will use the demonstration volumetric modular house project as an entry point, accelerate the landing and delivery of Norway modular construction buildings for duplex houses, and simultaneously advance the completion of the full product series to obtain Norwegian and European official technical certification and standard adaptation. GS Housing Group Co., Ltd. will continue to plow into the Norwegian market and deepen the project co-construction and long-term cooperation.
Both parties will uphold the concept of mutual benefit and win-win cooperation, professional empowerment and work together to create a new benchmark for cross-border cooperation between China and Europe in volumetric modular construction, helping Chinese construction brands to sail to Europe and start a new journey of high-quality development of green and low-carbon buildings.
