Eco Buildings Announces Framework for Housing Development in The Gambia
Eco Buildings Group PLC has announced a framework to construct at least 10,000 homes in The Gambia over time, starting with an initial phase of 1,000 units. Executive Vice Chairman Dr. Etrur Albani emphasized the significant housing shortage in the country, estimating that half a million houses are needed overall. The company plans to collaborate closely with the Gambian government to determine specific needs for public-sector workers such as police officers, teachers, and nurses. Eco Buildings is also exploring financing options, including potential support from institutions like the World Bank and African Development Bank. The firm aims to establish local manufacturing capacity in a two-line production setup that could reduce costs. Looking ahead, Albani outlined ambitions to expand into other infrastructure sectors such as hospitals and potentially scale up to 10 additional production lines over five years, positioning The Gambia as an export hub for modular housing.
Topics: construction housing development international expansion modular housing