February 15, 2022 (MLN): Avanceon Group of Companies has secured the largest commercial infrastructure project in its history. The massive undertaking valued at over Rs1 billion will see Avanceon execute an innovative Building Management Systems (BMS) solution for a luxury shopping centre in the heart of metropolitan Lahore, the company filing on PSX showed on Tuesday.
The contract has been awarded to Avanceon Limited and Avanceon FZE (wholly-owned subsidiaries established in Pakistan and UAE respectively) to provide supply, installation and supervision and commissioning services of BMS and Extra Low Voltage (ELV) Systems.
In addition, Avanceon will also provide development, programming and integration services, the notification added.
Avanceon is the official solution partner for Siemens Building Technologies which aims to create tailored, future proof solutions and offers expert services for projects of all sizes and complexity levels.
The 2.8 million m2 luxury shopping centre located in the heart of Lahore will offer three levels of shopping, a food court on the upper floor, a hypermarket on the ground floor and two levels of basement parking with a capacity for 2,000 cars.
The infrastructure will help boost consumer spending, promote local and foreign brands, and curtail heavy traffic by giving the residents of Lahore another viable option for shopping and entertainment.
For the execution of this project, Avanceon will be partnering with world class OEMs. All necessary studies will be carried out before the start of the project with failsafe plans to address any safety, quality, and environmental issues.
