{"id":17394,"date":"2024-03-17T01:41:06","date_gmt":"2024-03-17T01:41:06","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=17394"},"modified":"2024-03-17T01:41:37","modified_gmt":"2024-03-17T01:41:37","slug":"duravilla-homes-expanding-sales-in-the-caribbean","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/duravilla-homes-expanding-sales-in-the-caribbean\/","title":{"rendered":"DuraVilla Homes Expanding Sales in the Caribbean"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p>DuraVilla Homes, a leading provider of prefabricated housing units, is poised for expansion into other Caribbean countries following significant interest in its products.<\/p>\n\n\n\n<p>DuraVilla Homes initiated its ambitious 1000 plus Modular Homes Initiative in 2023, aiming to construct hundreds of affordable prefabricated houses for both local and regional housing markets.<\/p>\n\n\n\n<p> These units, designed to withstand category three hurricanes, have already found buyers in local markets as well as in countries like Barbados and St. Vincent and the Grenadines.<\/p>\n\n\n\n<p>CEO Rafeek Khan reveals that there is substantial interest from other Caribbean nations as well. <\/p>\n\n\n\n<p>Trinidad has shown interest in replicating the homes, while Grenada has expressed interest in acquiring up to 2,500 units.<\/p>\n\n\n\n<p>To meet the growing demands, DuraVilla is exploring the formation of a consortium with other companies. <\/p>\n\n\n\n<p>This strategic move aims to ensure a steady supply of prefabricated homes to both domestic and international markets.<\/p>\n\n\n\n<p>While DuraVilla possesses the necessary equipment and skills to meet demand, Khan acknowledges the need for additional capital. <\/p>\n\n\n\n<p>He expresses optimism that other companies will join the consortium to tap into this burgeoning market, which has the potential to become a significant foreign exchange earner for Guyana.<\/p>\n\n\n\n<p>Moreover, Khan highlights the potential for Guyana to earn up to US$60 million annually from the export of timber houses, which would significantly contribute to the growth of the forestry sector.<\/p>\n\n\n\n<p>DuraVilla&#8217;s eco-friendly houses are crafted from sustainable tropical hardwoods such as greenheart, purpleheart, mora, and wallaba, reflecting the company&#8217;s commitment to environmental sustainability.<\/p>\n\n\n\n<p>In conclusion, DuraVilla Homes&#8217; expansion into the Caribbean market represents a promising opportunity for growth and economic development, not only for the company but also for Guyana as a whole.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DuraVilla Homes, a leading provider of prefabricated housing units, is poised for expansion into other Caribbean countries following significant interest in its products. DuraVilla Homes initiated its ambitious 1000 plus&hellip;<\/p>\n","protected":false},"author":4,"featured_media":17395,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[361,363,350],"tags":[],"class_list":["post-17394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-economy","category-national-transformation","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/17394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=17394"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/17394\/revisions"}],"predecessor-version":[{"id":17396,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/17394\/revisions\/17396"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/17395"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=17394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=17394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=17394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}