A $3 billion agreement to build 25,000 homes in the Capital City of the Ivory Coast. We provide the dream of modern home ownership to hundreds of thousands through factory-built housing in Africa, for Africa. We are asking for $3 million to cover expenses related to our US operations base, to establish a US based prototypical manufacturing facility, for model homes and operating expenses pending the close of the project's $100M funding in August.
Special terms and incentives for the first $600,000 investment.
INTRODUCTION
1. TEAM - We have an experienced, award-winning team with international business and technical expertise within the realms of marketing, product development, manufacturing, and residential construction.
2. MARKET - Africa will have a 200M-unit housing deficit by 2030 [United Nations].
3. CUSTOMERS – An executed contract to build 25,000 homes, over seven years with 50,000 Qualified Homebuyers subscribed.
4. FUNDING – Our customer is one of the largest private landowners in the Ivory Coast (Côte d'Ivoire) West Africa and has pledged adequate properties to secure a $100 million working capital loan from an international finance company. Includes $55-million for plant and equipment and a $7-million, 25-hectare (62 acres) land grant from our JV partner to establish NNC's Ivory Coast operations.
5. INCOME - receives $2,000,000 upon close of project funding, 2% override on sales monthly, 50% of distributed profits projected at $300M and ownership of the production facility.
6. GROWTH - We have identified several other development opportunities in Africa: Senegal (President), Benin (President) and the Distict of Abidjan, Côte d'Ivoire (Prime Minister), representing over $10B in sale over the next decade.
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