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Tuesday, February 4, 2014

Synergy wins US $ 35 Million mixed-use development project in Mozambique

Chennai: Synergy Property Development Services, the Global Project Management Consulting & Turnkey Solution Company, has bagged Design and Project Management contract from Dubai-based Signature Group to manage a prestigious mixed-use development project worth US $35 million in Maputo, the capital and largest city of Mozambique in Southeast Africa.

The 24-month contract comprises a mixed-use development of a retail mall, office spaces and residential towers along with other associated amenities with a total built-up area of 400,000 sq ft.

Under the contract, Synergy will develop strategies and manage the entire design and development of the project including architectural design, MEP services, structural design services, assisting with the qualification of contractors, engineering, procurement management, construction management and will be responsible for time, cost, quality and environmental health and safety standards.

Pannkaj Agrrawal, Chairman of Signature Group, said, “We are pleased to place our belief in Synergy for our Iconic Project called "City Tower" because of their proficiency in handling large projects with absolute dedication & commitment, technology superiority, competitive pricing with the assurance of timely delivery, backed by a world class team of highly skilled Professionals.”

"We are very honoured to have been selected for this project, which allows us to showcase the breadth of capabilities that Synergy possesses as well as our global reach,” said Sankey Prasad, Chairman & MD  - Synergy Property Development Services, adding, “It is a promising start to the new year and further strengthens our foothold in the African region. We are seeing a good pick up of activities in the key regions where we are focused on, and we are well-positioned to take advantage of the upturn in 2014.”

"Our team continuously assists client to take advantage of the present market opportunities in value engineering and maintaining their development's deliverables. The team does in-depth analysis of each and every aspect to provide value engineering without affecting the quality of the development," he added.

Synergy currently has a sizable order book for various projects in India and abroad.

Synergy, with over 900 employees in offices across India, Malaysia, Dubai and Rwanda, provides project management, construction management, designs services, turnkey solutions and other consulting services primarily to large retail outfits, IT parks and special economic zones, corporate campuses, retail malls, hotels, hospitals and premium residential and mixed-use developments.

Synergy has delivered over 120 million sq ft of property development across India and overseas.  Synergy adopts a holistic approach that provides a single point of contact during each stage of the project, starting from inception to project close-out. This approach is practical in giving a detailed outline of the working procedures that aid in project executions and control.

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