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Believed in its capacity to deliver, the Enugu State Government has struck a deal with a local real estate development firm, BTG Group Nig. Ltd., to deliver 1000 housing units with a new mass housing solution.
This came to the fore last week, even as BTG Group has concluded on a partnership agreement with WEILER GMBH Germany, to set up a large scale Precast Factory in Nigeria.
In what the firm described as “innovative and revolutionary” the agreement is to promote production of large-scale real estate solutions, capable of mass housing delivery in Nigeria at affordable prices.
The pilot precast factory would be located in Onitsha, the Anambra State capital, where the group had secured contract to deliver 1000 housing units for the state government. Besides, there are plans on how to have a factory in each geo-political zones of the country.
Executive Chairman of BTG Group, Dr. Ijeomah Arodiogbu disclosed this last week in Abuja, saying that the purpose of the partnership is to boost provision of affordable homes in Nigerians and to reduce the gap in housing deficit in the country.
Aradiogbu noted that the precast concrete elements would be produced to meet low-cost housing on a large scale, townhouse complexes, modern and unique office buildings, schools and hospitals, including commercial and industrial buildings.
He listed precast concrete advantages to include durability and that it can be shaped to meet any design, including high fire resistance.
“BTG Group Nigeria Limited is happy, committed and feels privileged to be investing in the future of Nigerian real estate sector and most especially introducing innovative solution on a large scale to bridge the gap within the affordable homes provision to Nigerians.
“In these tough economic times, Nigeria needs smart organizations, like BTG Group Nigeria Limited, that has Nigerians’ interest at heart to support government in its quest to uplift Nigeria’s homeownership drive through provision of investment funds”.
He noted that the innovation has been nurtured to reality under the total management of “Terra Motion, The Netherlands”, which over a short period of time has been able to bring all parties together and identified business synergies that finally paved the way for the partnership.
Sales Director, Weiler GmbH, Mr. Christoph Mueller-Bernhardt observed that the entire world, not only Nigeria, is facing increasing demands for qualitative, affordable, high-quality with quick delivery time homes for people due to the population explosion all over, and Nigeria is more than committed to provide these homes to its citizens.
He said that Weiler GmbH was happy that its global leading precast technologies, machines, and services has been core to this unique business partnership with BTG Group Nigeria Limited with sole objective of providing high quality affordable homes & buildings on a very large scale in Nigeria for the huge population of Nigeria within a very short time frame.
According to him, precast concrete in Africa’s future, which is a revolutionary approach to construction, is needed in Nigeria considering the 17million housing deficits in Nigeria
With precast concrete you have a little installation time, its strong and extremely durable, fire resistance and quick to assemble.
Terra Motion B.V Representative, Mr. Charles Yemi Farimoyo, said the firm is a holding company servicing industrial enterprises, as partner to enter the African market, with is head quarters in the Netherlands and the official and exclusive agent for Weiler in Nigeria.
Former Nigerian Ambassador to the Netherlands, Charles Onwuagbu, said that the partnership would help to connect and build platforms that would bring development to Nigeria adding that Weiler Ghmb and BTG group are mutually leveraging using appropriate technology.
He observed that the traditional building method has been static for many years, stressing that with the precast solution, we will see an explosion that would help bridge the housing deficit in Nigeria.