Shui On Land Selects Aconex for $1.6B Shanghai Project

Shui On Land Selects Aconex for $1.6B Shanghai Project 
Mixed-Use Development Will Create Live-Work-Play Community 
SHANGHAI, CHINA -- (Marketwire) -- 12/11/12 --  Aconex, provider of
the world's most widely used online project collaboration solutions
for the construction, infrastructure, power, mining, and oil and gas
industries, has been selected by Shui On Land Limited to support the
Knowledge and Innovation Community (KIC) project in Shanghai, valued
at CNY 10 billion (US$1.6 billion). The Aconex cloud-based
collaboration platform will be used to accelerate delivery of the
mega-project by streamlining communications and information exchange
among all project team members. 
KIC is a mixed-use development which will create a modern
"live-work-play community" with office, retail, residential,
entertainment, and recreational facilities. Located in Shanghai's
Yang Pu district, the development will cover 84 hectares. 
Shui On Land anticipates that hundreds of thousands of drawings,
documents and correspondence items will be exchanged by team members
around the world during the project's design and construction phases.
The Aconex online collaboration platform will enable all participants
to instantly access, distribute, track, and archive their
information, using one secure, neutral, centralized system. 
Charles Chan, executive director of Shui On Land and project director
for KIC, said: 
 "Placing strong emphasis on education, technology,
culture, research, and business incubation, KIC will be a
multi-function community for people to live, study, work, and relax.
Efficient team information management and communication will be
important in delivering all areas of this project, so we are pleased
to select Aconex." 
Shui On Land -- "Total Community" Projects
 Established in 2004, Shui
On Land Limited is the flagship property development company of the
Shui On Group in China. Shui On Land develops, sells, leases,
manages, and operates innovative and high-quality residential,
office, retail, entertainment, and cultural properties on the Chinese
mainland. Shui On Land applies its hallmark approach of master
planning to all projects to ensure that developments are fully
consistent with government objectives in economic development and
urban planning, while simultaneously incorporating local historical
and cultural characteristics in its designs and planning. All
projects manifest the "Total Community" concept. Endowed with a full
range of modern facilities for residential, office, retail,
entertainment, and leisure use, Shui On Land's projects provide a
unique "live-work-play" environment. The company's signature concept
of "Xian-Tian-Di" (New Heaven and Earth) is well-known for its
distinctive commercial, residential and mixed-use developments which
preserve Chinese culture. 
Andy Lake, general manager of Asia at Aconex, said: "We're seeing
high demand for our solutions in China, as more and more companies
experience the benefits of online project collaboration. Some 25,000
industry professionals in Greater China use the platform to manage
their project information, and we expect this figure to grow rapidly
over the next few years." 
About Aconex
 Aconex provides the world's most widely used
Software-as-a-Service (SaaS) platform for managing information,
processes and people throughout the life cycle of construction and
engineering projects across multiple industries. The Aconex suite of
solutions -- secure, neutral and centralized -- enables owners,
contractors and project managers to reduce the cost and risk inherent
in capital projects of all sizes and improve efficiency, productivity
and accountability for all project participants. Aconex has served
projects valued at more than US$600 billion, with over 280,000 users.
Customers include nine of the world's top ten engineering procurement
and construction (EPC) firms, 23 of the 25 largest global design
firms, and nearly all Fortune 500 construction and engineering firms.
For more information and examples of Aconex in action, see Follow Aconex on Twitter at @aconex and on LinkedIn
Aconex Contacts:
Tod Bottari
Communications Director
+1 650 731 3309  
Will Turbet
Asia Marketing Manager
+61 3 9240 0200 
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