Eco Buildings Group ( (GB:ECOB) ) has issued an announcement.
Eco Buildings Group plc has announced significant progress in its operations in Senegal through a joint venture with G2 Invest Group. The company has secured a €1.75 million investment from G2 Invest for a 35% stake in the project, which will support the establishment of a new modular construction line in Senegal. Additionally, Eco Buildings has appointed a leading EPC contractor to oversee the implementation of the production facility, marking a critical step in their global expansion strategy. This collaboration aims to deliver affordable, efficient, and sustainable housing in West Africa, with training and site planning already underway.
More about Eco Buildings Group
Eco Buildings Group plc is a UK-listed company specializing in prefabricated, green housing products using glass fibre reinforced gypsum (GFRG) panels. The company offers modular housing solutions that cater to both affordable and high-end markets, emphasizing cost efficiency, speed of construction, and sustainability. Eco Buildings is committed to innovating the construction industry with a growing portfolio of international projects.
YTD Price Performance: -24.14%
Average Trading Volume: 106,598
Technical Sentiment Signal: Buy
Current Market Cap: £4.65M
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