Hungarian company to build cheap housing in Africa
Budapest (MTI) – A Hungarian company, Gremound Ltd., on Thursday signed a 20 million dollar agreement to build cheap social housing in Africa.
The company will build rental homes applying its own technology and using a local workforce and construction material at a cost of about 100 dollars per square metre, Laszlo Farkas, the director general, said at the signing ceremony.
The partner company is Biomass Energy Ltd. based in Botswana.
Source: http://mtva.hu/hu/hungary-matters
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
Top Hungary news: traffic chaos in Budapest, housing shortage, child burial found, Orbán in Kyrgyzstan – 5 November, 2024
PM Orbán visits Kyrgyzstan
Sultanate of Oman opens embassy in Budapest
Beyond politics: The most embarrassing TikTok moments of Hungarian politicians
Hungarian real estate market on the move: latest insights
Hungarian national symbols: A connection between past and present