BIMobject forms joint venture with SCG/CPAC in Thailand

BIMobject has formed a joint venture with CPAC, a subsidiary of Thai conglomerate SCG, to provide BIM technology and platform services in Southeast Asia. BIMobject will own 49% and receive minimum USD 500,000 annually in license fees for five years. Operations are expected to start in Q2 2020.

“BIMobject today announces a strategic partnership with CPAC, a subsidiary to SCG, a cement and building materials manufacturing company valued USD 15.6 billion.”news.cision.com

• 1 source
• news.cision.comBIMobject wins strategic deal in Southeast Asia by forming a joint venture with Thailand's largest industrial conglomerate SCG/CPAC - BIMobject ABJan 10, 2020

Summarized from public sources; check the original articles before acting on it.