IIB-DG Africa signs MOU with IIB-DG Africa signs MOU with Government of represented by FUNDO PARA O FOMENTO DE HABITAÇÃO, FP for financing ,construction of 50,000 affordable housing ,value of USD1.5 Billion
Affordable Housing Project in the Republic of Mozambique
IIB-DG Africa
signs MOU with IIB-DG Africa signs MOU with Government of represented by FUNDO PARA O FOMENTO DE HABITAÇÃO, FP for financing ,construction of 50,000 affordable housing ,value of USD1.5 Billion
May 11,2020
IIB-DG Africa signs MOU with Government of Mozambiue represented by FUNDO PARA O FOMENTO DE HABITAÇÃO, FP
- The MOU envisages construction of 50,000 social housing units
- The project is estimated to cost USD1.5 Billion when completed
The MOU was signed by IIB-DG Africa and by FUNDO PARA O FOMENTO DE HABITAÇÃO, FP, represented by its President Dr. Armindo José Munguambe, duly empowered.
About IIB-DG Africa
IIB Development is a consortium of US based companies specializing in financing and infrastructure development. IIB Development Group brings together experts in synergistic industries to develop turnkey innovative solutions in infrastructure and development – housing, roads, water and wastewater, energy, railways as well as financing of all these projects.
IIB Development Group is a centre of excellence for financing and infrastructure development at affordable levels using environmentally sustainable approaches, which meet the growing needs of developing countries. IIB-DG offer state of the art, innovative and affordable technology and work with the governments and local partners including where possible, setting up manufacturing plants locally to produce building units for residential and commercial structures.
For over 40 years, DR. Horton, a member of IIB-Development Group has been building, constructing, producing machines and transferring technology to its customers all over the world. DR. Horton is listed in all magazine as the Number #1 Home Builder in America and the world with billion revenues per year.
IIB Development Group is a leading provider of an innovative building system capable to reduce construction time in the high-scale housing projects, thus offering a strong solution in the socio-economic development of emerging markets throughout the world. Our building system allows fast, efficient, and large-scale construction through the construction of innovative products and processes.
www.IIBdevolopmenrgroup.com
Media Contacts
Carolina Mateos
Corporate Affairs and Investor Relations
IIB Development Group
info@iibdevelopmentgroup.com