Mold-Tek Technologies Ltd (MTTL), a prominent engineering and design services company, has announced the signing of a Memorandum of Understanding (MoU) with Interarch Building Solutions, a pre-engineered metal building system pioneer. The alliance will work together on pre-engineered metal building projects, both within the country and abroad, and involves a 5% commission for MTTL on export orders arranged through Interarch.
Key Highlights:
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Strategic Partnership: The MoU is aimed at utilizing Mold-Tek's engineering design expertise and Interarch's metal building solutions leadership to provide innovative and efficient construction projects.
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Export Commission: Under the agreement, Interarch will give Mold-Tek Technologies a 5% export order commission generated through their partnership. This gives MTTL an additional source of revenue while increasing its global presence.
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Market Focus: The alliance will focus on high-growth markets like industrial buildings, warehouses, and commercial structures, meeting the growing need for sustainable and affordable construction solutions.
Leadership Insights:
A representative of Mold-Tek Technologies said, "This association with Interarch is in line with our vision to increase our capabilities in the pre-engineered building space while accessing global markets."
Outlook:
With this strategic association, Mold-Tek Technologies is all set to build on its presence in the construction and engineering sector.
Sources: Economic Times, Business Standard; April 1, 2025