Nemetschek AG (ISIN 0006452907), worldwide leading developer of award-winning BIM software solutions for the Architecture, Engineering and Construction Industry (AEC) and CABR Technology Co., Ltd, leading enterprise of the construction industry software, signed a strategic partnership in Beijing.
Mr. Jiefeng Xu, President of CABR Technology Co. Ltd and Ms. Tanja Tamara Dreilich, CFO of Nemetschek AG signed the Memorandum setting out the terms of their three-year strategic partnership. CABR and Nemetschek agreed to work closely with the objective to promote and implement Building Information Modeling (BIM) in the China AEC industry, to strengthen the products integration, the brand influence of CABR TECH and NEMETSCHEK, to support the growth of BIM in China, and to contribute to technical development of the China AEC industry.
Under the partnership memorandum, CABR and Nemetschek will endeavor to work closely on:
Commenting on the new partnership, Mr. Jiefeng Xu, president of CABR Tech, said,”‘Nemetschek is a company with strong and comprehensive capabilities across all segments of the AEC industry. Our new Memorandum of Understanding with Nemetschek lays the groundwork for broad and in-depth cooperation between our two companies in technology, product, and business areas, and is a significant milestone in driving new technology development in China’s engineering and construction industry.”
Ms. Tanja Tamara Dreilich, CFO of Nemetschek AG, said, “We look forward to working with the innovative CABR Tech team on important initiatives that will help take BIM workflows in China to provide a new level of productivity to the AEC industry. Our goal is to help empower all AEC practitioners across the region to choose BIM tools that best fit their need for each project task while benefiting from sustainable multidisciplinary, integrated workflows with the help of Nemetschek's Open BIM approach.“