A new house in only three weeks
Vela Building Solutions, a company which offers a quality, low cost, effective, innovative and fast construction solution might be able to help with the current housing shortage faced by Namibians and throughout Africa. The new company is backed by the substantial technical and financial resources of Wispeco which is a 50% shareholder. The other 50% is owned by Vela Building Solutions South Africa.
Introducing their unique construction method and material, the company said it is made possible by the continuous evolving of the building industry and technology.
According to the CEO of Wispeco, Louis van der Berg, Vela Building Solutions has recognised the need for an alternative building solutions in Namibia as an important driver for both the building industry and the local economy.
“The building industry in Namibia is continuously growing as the cost of land, labour and building supplies increase. More and more Namibians face the hard reality that they are unable to afford building a home,” he said.
The company held a ground breaking ceremony at the Windhoek Agricultural Show grounds this week, to prove to Namibians that their product is indeed a time saving, cost effective and sustainable housing solution. Vela Building Solutions will build a 43 square metres house with a single garage in less than three weeks with a work force of only five people. The house is expected to be completed and fully furnished by the time the annual show starts on 28 September.
“This will prove that Vela Building Solutions can offer a durable building alternative that will not only have an impact in the cost of supplying housing to the nation but also in the speed in which it can be done,” he said.
As a launch gift to Namibians, the company is giving away a 42.7 square metre newly-built house worth N$200,000, similar to the one being built at the show grounds, during the first week of October. The competition will be open to all Namibians and will be run via an SMS competition. The house will be constructed anywhere in Namibia on condition that the winner is also the owner of the designated plot.
The company is also looking at erecting a factory in Namibia that will manufacture its building panels.
Since its inception, Vela Building Solution has completed projects to the value of N$275 million in Angola, Mozambique and South Africa.