A total of $28 million in funding was announced under the Australian Government Cooperative Research Centre (CRC) Program in March 2020 to establish the Building 4.0 CRC at Monash.
A collaboration between Monash, Lendlease, the University of Melbourne, Donovan Group, BlueScope, Sumitomo Forestry, CSR and 23 other research and industry partners, the Building 4.0 CRC will utilise digital solutions, and new products and processes to transform the design and manufacture of buildings in Australia.
The anticipated outcomes of the initiative include reduction in construction waste, reduction in Co2 emissions, reduction in project costs through digital technology and off-site manufacturing and reduction in project delays.