Zebenay Denbara

Addis Prefab Houses Manufacturing Industries S.C.

Addis Prefab Houses Manufacturing Industries S.C. intends to replace the conventional construction methodologies by introducing a revolutionary construction technology that reduces construction costs by 30 – 40% while at the same time building them 500% (Buildings) and 800% (Houses) faster by constructing structures which utilize Light Gauge Steel (LGS) structure frames typically clad with Calcium Silicate Boards (CSBs) which are indistinguishable from homes and buildings built using conventional materials and techniques. The company is offering 29,000 registered ordinary shares for public subscription at a par value per share of 1000 Birr. Prefab Building Technology is a building system used to construct modular houses; which are pre-engineered and pre-fabricated in a manufacturing facility and then erected at the site, regardless of environment and landscape. Manufacturing houses in a factory level has been made possible with a load bearing wall and floor structures of Light Gauge Steel profiles. Such systems are suited for a more efficient and low cost building construction Processes. Earn an annual profit of 160% from your share which are explained in the feasibility study of the company. The company will redister IRR 117%,NPV 582,963,678 with 50%first year utilization of its capacity.