The capacity to build more quality homes is already within New Zealand, instead of overseas, new research from PrefabNZ shows.
This is good news for growers and producers of timber in New Zealand.
Instead of shipping in from abroad, the PrefabNZ ‘Capacity & Capability’ report demonstrates that Kiwi-based housing manufacturing firms and construction companies can deliver for KiwiBuild using offsite methods.
Through using innovative building methods, PrefabNZ Members say they could deliver around 7,000 more homes each year from 2020. This would deliver 70% of KiwiBuild’s target of 10,000 homes per year over ten years. In fact, manufacturers and builders surveyed by PrefabNZ say they are ready to reinvest around 8% of revenue, and up to 20% in some cases, to deliver KiwiBuild.
Solution to KiwiBuild is New Zealand made – PrefabNZ, 8 March 2018