New Affordable Mass Housing System Reduces Cost by 25% - FOX Carolina 21
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SOURCE: Affordable Housing International Limited
The new technology STELETE building system offers a faster, better quality, and lower cost solution to the world’s rapidly growing affordable housing problem, for all emerging global markets.
Kowloon, Hong Kong (PRWEB) May 21, 2012
A new system of building has to be implemented if the increasing shortage of affordable housing is to be alleviated, according to Affordable Housing International, a Hong Kong company specializing in providing affordable housing in the global emerging markets.
These growth markets require an additional 100,000 housing units per day, for at least the next 30 years, according to the recent United Nations report on the problems associated with increasing global urbanization.
“The main issues affordable housing is facing worldwide are a need for lower prices, increased speed of construction, the use of low cost local labor, and building with culturally accepted materials”, stated Phil Ellis, CEO of Affordable Housing International (AHI). “These are all problems that AHI’s STELETE system of building directly addresses and overcomes”, he added.
The STELETE system claims to offer; 25% savings over traditional concrete building methods and five times faster construction speeds. The foam insulated concrete cores provide 20 times the insulation values of standard concrete walls and 10 times the insulation rating of infill brick walls. This results in significant heating and cooling energy savings and assists in achieving environment goals.
Affordable Housing is a company formed by the founder and former CEO and CTO of FrameMax, an American company known for providing cold-formed steel buildings. “We saw a huge market that FrameMax could not address with its steel framing solutions and decided this is the largest high growth market opportunity. We then set about finding solutions to the issues to be successful in this affordable housing market and believe we offer the best solution”, confirmed Ellis.
AHI is pursuing large projects in South America, Africa, Asia and the Middle East, with production of its patented system being provided out of mainland China and design work completed in the USA. AHI offer potential customers all options, from providing building structures, or component supply, to licensing of their technology.
To learn more about the system, click on; http://www.ahi-ltd.com
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