Upgrading lessons from Woh Hup
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Singapore
LEARNING takes time, whether it is for a company to internationalise or to adopt productive technologies. For this reason, construction companies need to make provisions for mistakes and a couple of loss-making years, says Eugene Yong, executive director of homegrown building and civil engineering firm Woh Hup.
Amid the government's drive to encourage local construction firms to expand overseas and reduce manpower by building off-site and using planning technologies such as Building Information Modeling (BIM), some builders here have complained that it is hard enough to survive in the challenging climate, much less to deploy more capital for these initiatives.
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