Our Solutions Provide Affordable and Quality Housing and Road Infrastructure for Clients and Developers, reducing the housing deficit
Significant Housing Deficit
PROBLEMS
* Housing deficit: 2 million units
* Average annual Deficit: 65K
PROPOSED SOLUTIONS & BENEFITS
Deploy EchoStone Housing Technology and innovative financing solutions to scale up production and offtaking of affordable homes
Poor Quality Homes
PROBLEMS
* 58% of Ghanaians live in sub-standard housing, 30% of urban dwellers live in slums.
* Traditional buildings usually lack structural soundness, quality, and thermal insulation and anti-molding properties
PROPOSED SOLUTIONS
Utilize EchoStone Technology to construct homes that are:
• Meet IFC World Bank green building standards (EDGE).
• 30% reduction in water, energy and carbon footprint.
• Fire resistant and sound-proofing qualities.
• Prevents molding due to hydrophobic properties.
Majority of Ghanaians Cannot Afford an Affordable Home
PROBLEMS
• Very high mortgage interest rates.
• 90% of Ghanaians cannot afford mortgage loan (60% with government subsidy).
• 100% of some households’ income not sufficient to own a home.
• Traditional construction very expensive.
• Construction period: 5 – 15 years.
PROPOSED SOLUTIONS
• Use EchoStone technology to reduce material cost and construction period(28 days), cutting home prices by 30% - 40%
• Utilize innovative financing solutions to make mortgages affordable
Housing Sector Makes Minimal Contribution to GDP
PROBLEMS
• Sector contribution to GDP: 2.7%
• % Mortgage Loans/GDP = 1.6%
PROPOSED SOLUTIONS
Leverage EchoStone technology to scale up housing construction and innovative financing solutions to drive off-taking, promoting the growth of the sector and its complimentary industries to significantly boost GDP.
OPPORTUNITIES FOR OUR INVESTORS AND PARTNERS
• Earn risk-adjusted market return
• $1 investment results in 5x-12x GDP growth
• Promote sustainable development
Traditional Construction Methods, Housing, and Sustainable Development.
PROBLEM
Traditional construction methods and housing sector do not promote ESG, and SDG.
PROPOSED SOLUTIONS
Utilize innovative technologies and financing solutions to drive housing sector contribution to ESG and sustainable development.
OPPORTUNITIES FOR INVESTORS AND PARTNERS
* Contribute towards 9 out of 17 UN SDGs
* Promote sustainable development
SOCIAL
Email Address
k.blankson@icrgltd.com
f.asiedu@icrgltd.com.com
s.nelson-cofie@icrgltd.com
Phone Numbers
(+233) 0248910321
(+233) 0553475369
(+233) 0244162600