CONSTRUCTION company Canadian Rockport Homes is planning to start building the first of four plants as part of its three-month project of low-cost modular houses in the Považie area of northwest Slovakia, the TASR news wire wrote.
The first plant, valued at Sk450 million (€11 million) with a daily capacity of 12 housing modules of 52 square metres, should be built within six months, company president Bill Malone said.
Canadian Rockport Homes intends to employ 200 mostly low-qualified people directly, and expects an additional 500 spin-off jobs through sub-suppliers.
The investor will cooperate in the construction of apartments priced at Sk13,000 (€320) per square metre with a Slovak firm that will be responsible for settling land property issues, building the foundations, and selling the constructed apartment buildings.
The apartments will be built from five-sided (ceiling, floor, and three walls) reinforced concrete shells.
The location of the other three plants will be determined after an evaluation of the first plant construction and an assessment of export possibilities. Malone said the plants would be built in strategic areas, close to the regions with higher unemployment.
"The only condition is to have good road infrastructure," he detailed, adding that the quality of the labour force and the introduction of the flat tax were the main reasons for his company's deciding on Slovakia.
Compiled by Beata Balogová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
27. Feb 2004 at 10:00