Work on a $700M state-of-the-art building to house the headquarters of the New Building Society (NBS) at the junction of North Road and the Avenue of the Republic, is continuing apace.

An artist’s impression of the new NBS’ Chief Office building when completed.

Last week, the executing contracting company B.K. International Construction Company, headed by Brian Tiwarie, began working on the first floor having completed the foundation and ground floor.

The magnificent building, will be constructed of only steel props and forms, in keeping with Low Carbon Development Strategy (LCDS).

Taking Shape: Construction ongoing on the building to house the new NBS headquarters.

The components were sourced overseas and according to Tiwarie, there was a slight delay in having them shipped; but with the arrival of the components this week, work will swing into top gear to have the project back on schedule.

The new headquarters, a four-storey facility that will replace the old headquarters on the Avenue of the Republic, is not only expected to offer customers greater space and comfort, but also add to the aesthetic appeal of the city with its glass windows.

The building will also be equipped with an elevator, and there will be a parking lot.

NBS, which was established in 1940, has over the years been able to help many persons to acquire their homes.