InnoTech is a company that wants to establish 3D printing in Oman. Now gave the ITHCA Group announced that it has partnered with the company. ITHCA Group is a state group that invests in modern technologies.
InnoTech became the first company in the Middle East to erect a building using a locally developed 3D printer and local building materials, a significant milestone. The investment allows exploring new solutions and bringing together knowledge and technology to improve the real estate sector.
Saif bin Abdullah Al-Abri, Senior Director of Investments and Business Development at ITHCA Group, emphasized the group’s intention to invest in InnoTech, which specializes in 3D printing technology. The aim is to revolutionize the industry by deviating from the traditional methods.
Al Abri added: “This technology offers several advantages including locating specialized technicians in real estate development, supporting workforce in this sector and keeping pace with global technological advances. By using the technologies of the fourth industrial revolution, the ITHCA Group aims to contribute to economic growth and accelerate the completion of projects.”
Closely. Othman bin Maktoum Al-Mandhari, Founder and CEO of InnoTech, expressed satisfaction with the partnership and investment by ITHCA Group. They look forward to expanding the use of 3D technology in real estate development. Considering that cement is one of the most widely used building materials in the world, the real estate development field faces major challenges such as: B. high labor costs and expensive traditional building materials.
“Therefore there is now a global race to automate this sector. InnoTech is committed to pioneering the development of this technology in the Middle East with the aim of becoming one of the leading companies in this field,” added Al-Mandhari.
2023-07-17 11:01:42
#Oman #invests #printing #company #Innotech
