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21st
EQUITY HOMES RECEIVES PURCHASES ORDER FOR 35,000 AFFORDABLE
HOMES, WHICH LEADS TO THE ESTABLISHMENT OF A HOME MANUFACTURING
MEGA FACTORY IN IRAQ
Date: Monday, 15 December, 2008
BAGHDAD, IRAQ -- 21st EQUITY HOMES MANUFACTURING INC.
a USA Corporation with
several new SIPs (Structured
Insulated Paneling System) and concrete POWERCONCRETEprecast construction technologies, factory
lines and Villa in a Box
systems aimed at residential, industrial, commercial and affordable
housing, has entered into discussions with several of Iraqs largest construction companies.
SIPs and precast, lightweight
concrete panels are being used in USA, Canada, UK and throughout
the entire European Union and have received the highest building
code approvals. A group of the largest builders in Baghdad, including some major local
bankers have visited the Baghdad office in the last few
days to see the new developments in low-cost, mass-production
technologies developed by 21st
EQUITY HOMES MANUFACTURING. The Citizens of IRAQ have
a need for around 16 million
affordable of immediate houses, according to local Government
Housing Departments.
Joint Venture Agreements
have been signed already and a purchase order for 35,000 affordable
homes from 21st Equitys local partners has been received,
which leads to the establishment of a
Mega Home Manufacturing Plant with a production capacity of
20,000 homes per year. This is to fulfill the supply of 35,000
affordable homes for the first two years of production as
a 1st Pilot Project for Iraq. The volume of the
first transaction for Iraq exceeds $420,000,000 (Four Hundred
and Twenty Million Dollars).
Further information regarding 21st Equitys Land Owner
Joint Venture & Factory Co-Ownership Program can be found
by clicking here.
About
21st Equity Homes
WHO
WE ARE AND WHAT WE DO
The 60 Seconds Elevator
Pitch - Company Profile:
21st Equity Homes Manufacturing
Inc. is a global Homes Manufacturing and Building Solutions
Company as well as an official
Mandate Holder & supplier of Portland Cement for clients
around the world. We establish turnkey
home manufacturing plants worldwide, provide equipment,
know-how, training, full backup support to supply (and build)
21st Equity precast manufactured Villas
in a Box or other in
a Box series utilizing the patented POWERCONCRETEbuilding system.
For further information please
contact:
21st EQUITY HOMES MANUFACTURING - WORLD LEADERS IN ADVANCED BUILDING TECHNOLOGIES
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USA
OFFICE:
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ADDRESS:
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OFFICE
HOURS:
Monday-Friday
8:30
am - 17:00 pm
LAS
VEGAS TIME:
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| 21st
Equity Group/Equity Business Trust |
| Stephan
Schurmann - CEO |
| 601
E. Charleston Blvd. |
| Suite
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Las Vegas,
Nevada 89104 |
| USA |
| Tel.
Office: |
+1-702-425-3340 |
| Cell: |
+1-205-222-5754
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usa@equitypanels.com |
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Web Site: |
www.equitypanels.com
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Forward-Looking
Statements
Any statements made in this press release which are
not historical facts contain certain forward-looking
statements, concerning potential developments affecting
the business, prospects, financial condition and other aspects
of the company to which this release pertains. The actual
results of the specific items described in this release, and
the companys operations generally, may differ materially
from what is projected in such forward-looking statements.
Although such statements are based upon the best judgments
of management of the company as of the date of this release,
significant deviations in magnitude, timing and other factors
may result from business risks and uncertainties including,
without limitation, the companys dependence on third parties,
general market and economic conditions, technical factors,
the availability of outside capital. Receipt of revenues and
other factors, many of which are beyond the control of the
company. The Company disclaims any obligation to update information
contained in any forward-looking statement.
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