Eco Buildings Group has continued its global expansion with the agreement to establish a new Indonesian subsidiary, backed by $5 million from its local partner, Messrs Cooper & Accors.
Eco Buildings is executing its global growth strategy at a pace, with the Indonesian operation adding to recently announced modular building projects in Senegal and Albania.
The UK-listed modular construction company will establish Eco Buildings Indonesia to capitalise on significant market opportunities for modular housing in the region. MCA will subscribe $5 million for a 49% stake in the venture.
The investment will fund the complete installation of a new production line in Indonesia, with the facility expected to be operational by the end of 2026. Eco Buildings will retain a 51% controlling stake whilst MCA handles day-to-day operations, including manufacturing facilities.
Crucially, all operational costs, expenses, and local cash flows will be funded by MCA, eliminating group-level funding requirements for Eco Buildings.
The new production line is expected to deliver the scale necessary to support broader housing delivery programmes across the region.