MDM provides full integrated propositions to the governments covering every aspect from design to cost to funding to consortium setup. Our Urban planners and architects are very talented in matching beautiful designs with efficient area distribution with a serene integrated community layout and all under a pragmatic value engineering umbrella for best costing results. MDM construction partners are top level regional contractors insuring the credibility and taking on the liability of delivering what our architects design for turnkey integrated community mega housing programs. MDM has many ways in tailoring the construction financing mechanism and will work with the governments for their ideal scenario. One of our main advantages is providing financing proposition scenarios that make developing the biggest of enabling projects to become the lightest of burdens on any government treasury.
1- Integrated Solutions
2- Efficient Business models
3- Disruptive Technology
4- Top Tier Contractor
5- Talented Urban Planners and Architects
6- Value Engineering
7- Funding Solutions
8- Enabling an internal financing cycle
The turn key solutions include comprehensive proposals and deliverables that start with assessment and due diligence of each country separately followed with establishing the guidelines of the urban planning and then creating site specific master planning. Within the site, Architectural design of different size units will be customized and the whole project detailed design and documentation will be produced. In Parallel a full business plan will be created showing all the financial aspects of the project. Once all approvals obtained, full construction and implementation will be delivered by a top tier regional capable contractor for turn-key deliverables at a predetermined cost and finishing level.
MDM Three Pillars of Success
The Turn-key solutions include comprehensive proposals and deliverable:
- Assessment and Due diligence of capabilities and requirements of each country.
- Urban Planning.
- Site Master planning.
- Detailed Design of the project
- Full project documentation to be the guiding principle to the contractor
- Business plan and detailed financial model.
- Structured finance proposal for the project.
- Full implementation by a top tier regional capable contractor for turn-key deliverables at a predetermined cost and finishing level.
The Disruptive technology includes the mobile precast plant which:
- Has Output of up to 250,000 m2 or, almost 50,000 m2 Built Up Area per year per plant.
- Provides precast capacities to remote regions.
- Production cost efficient with 20% Savings.
- Equipped with simple operating systems designed for the handy local workforce with no special skill set reaching very high productivity levels with previously untrained personnel.
- Designed as a modular concept with locally available building materials (concrete).
- Production directly at the jobsite:
- Transportation cost goes down to absolute minimum
- no damages of casted elements due to transportation from distant plants
- almost real-time reactivity in production for urgent needs at the jobsite
- your project is your only customer
- When the job is done, mobile precast plant moves on to another development site!
- Another technology used is on site sensors for live tracking and progress monitoring, making the implementation process transparent to all stakeholders.
Through MDM Disruptive Business Model
We have different approaches depending on the country or the region. Our preferred one is to enable the government to construct country scale housing worth billions of dollars without the need to borrow externally and to create a complete cycle of internal financing that develops the mega scale housing programs for the public servants with tremendous economic impact to the country.
Development Cycle & Stakeholders
Let’s define the stakeholders first, there is us, who are we? We are MENA Development and Management, the powerhouse contractor and the technology provider, we are the developing consortium. Secondly, there is the government that owns the land and controls legislation, third there is the sovereign fund, pension fund, government bank or any government financing institution deemed appropriate, and last but not least there is the public servant. There are two critical enablers for the business model to work. The first enabler is us, the developing consortium, providing the factories, worth hundreds of millions at no upfront cost and as part of the development program, to the sovereign vehicle. The other enabler is the government offering the land for free to the program and to the sovereign vehicle along with tax and customs exemptions. After these two enablers are provided to the sovereign vehicle, The S.V provides construction finance to the developing consortium, in turn it delivers on phases the housing units to the sovereign vehicle, the S.V immediately mortgages out the subsidized houses to the public servants at a markup of 10%, the public servants pays a 20 year monthly mortgage to the sovereign vehicle. And the cycle is created, money from mortgage payment finances additional development programs.
Who are the winners in this scenario? Everybody !
We managed to create a win win win win win scenario to everybody. Everybody is happy !
The government provides housing to the public servants and approval rating Skyrockets.
Public servants become owners of their own land and house at a very subsidized price, a dream come true.
S.V makes significant profit from the initial markup of sale and the interest revenue charged from the 20 year mortgage
Technology provider redeems the price of the factories from the profit margin of the main contractor over a 10 year period.
As for other approaches, if a country doesn’t wish to utilize its own sovereign vehicle we can arrange for international sovereign vehicles to act as the construction financing institution and make the mark-up profit.