Read our Project Monitoring Director – Matthew Law, writing about Modular Developments for Development Finance Today.
“Modular technology — in which large components of a building are manufactured in a factory and then merely assembled on site — is not new, but its star is in the ascendant.
For all their appeal, projects using modular technology pose a number of additional challenges for development lenders — and these risks need careful monitoring, from the design phase through into construction.”