Liberia: Italian Company To Build 10,000 Housing Units In Montserrado, Margibi, Bomi Counties
MONROVIA – An Italian company based in Liberia, Tecno Construction Limited headed by its President and Chief Executive Officer Leonardo Inghileri, is expected to construct a 10, 000 housing unit in three counties as part of President George M. Weah’s Pro poor housing project.
The project when completed will bring relief the citizens residing in the targeted counties.
The Government of Liberia and Tecno Construction Ltd signed a Memorandum of Understanding for the construction of 10,000 housing units in Montserrado, Margibi and Bomi counties as to improve the living construction of Liberians.
The construction company is currently awaiting the conclusion of the deal to kick start the projects.
The company has accepted to pre-finance the project as to get the work done faster in the counties.
Tecno Construction is also registered with the Liberian Business Registry and in partnership with a Liberian-based construction firm, Farafina Investment Group Inc.
Farafina Investment Group will provide local expertise for the construction works as a means of providing jobs for Liberians.
Many Liberia is one of the many African nations that are faced with housing problem, with Tecno Construction partnering with Farafina Investment Group in collaboration with the National Housing Authority are making it possible for the Government of Liberia’s quest to provide affordable housing to Liberians happens.
According to information, the first phase of the project will include the construction of 1,500 units of large housing (3 bedrooms). With the construction of additional 500 units of medium-sized housing (2 bedrooms) and another 500 units of small sized (1 bedroom).
Phase 2 of the project will be the construction of 1,500 units of large bedrooms (3 bedrooms); 500 units of medium-sized housing (2 bedrooms) and another 500 units of small-sized housing (1 bedroom).
The third phase will include the construction of 2,000 units of large housing (3 bedrooms) among others.
However, Tecno Construction Ltd boss Leonardo Inghilleri expressed his appreciation with the deal in order to bring facelift to many Liberians and will work with the National Housing of Authority to have this project speedy done.
Meanwhile, Tecno in partnership with Farafina Investment Group last week sponsored the friends of Koijee to carry on the Weah for clean city campaign.
CEO Leonardo Inghileri, Farafina Investment Group General Manager, Beni Diogo Kouyate where part of the campaign.