Samsung E&A CEO Namkoong Hong speaks through the eighth Future Funding Initiative (FII) Convention’s session on resilient and sustainable building of vitality infrastructure at King Abdulaziz Worldwide Convention Heart in Saudi Arabia’s capital metropolis of Riyadh, Wednesday (native time). Courtesy of FII Institute
AI, offsite manufacturing touted as methods for resilient building
By Park Jae-hyuk
RIYADH, Saudi Arabia — Samsung E&A CEO Namkoong Hong took heart stage on the world’s second-largest CEO and authorities summit in Saudi Arabia’s capital metropolis of Riyadh, Wednesday (native time), collaborating in a panel dialogue on resilient and sustainable vitality infrastructure building.
The plant building agency’s chief was the one Korean collaborating in a plenary session at this 12 months’s Future Funding Initiative Convention, which is usually dubbed “Davos within the desert.”
In response to a query on the way to increase effectivity in main tasks in Saudi Arabia and different elements of the world, Namkoong launched his firm’s technique of producing modular services at factories distant from building websites.
“After we construct a big plant in a distant desert space, we have to arrange camps for lodging and convey staff and gear,” he mentioned. “We’ve got no selection however to pick to maneuver main elements of building works to offsite for effectiveness.”
The CEO famous that such a technique facilitates extra environment friendly and steady operations underneath managed environmental situations.
Moreover, he mentioned offsite manufacturing can shorten undertaking period, bettering productiveness and decreasing emissions of carbon, mud and different pollution.
“As an engineering, procurement and building (EPC) firm, we have now tried to deal with enhancing vitality effectivity, and we additionally take into account this once we design and construct a plant,” he mentioned.
Samsung E&A’s use of synthetic intelligence (AI) was talked about as one other method of bettering effectivity.
“AI requires a number of vitality, but it surely will increase productiveness,” he mentioned. “We additionally use the AI to beat limitation of conventional EPC enterprise. The important thing to vitality saving is greater effectivity.”
Describing Samsung E&A as an organization constructing inventive manufacturing ecosystems, he mentioned its offsite manufacturing hub is a mixed idea of supplying, fabricating and transporting materials and machines to building websites.
“This can be a building work from low-productivity website to high-productivity offsite,” Namkoong mentioned.
He added that Samsung E&A is contemplating a number of areas world wide for its offsite manufacturing hub, to be able to reply to market conditions and geopolitical points.
