Chinese material shortage halts Shelter Afrique works
Monday, June 1, 2020 0:01
By KEVIN ROTICH
Shelter Afrique managing director Andrew Chimphondah.
FILE PHOTO | NMG
Pan-African housing development financier Shelter Afrique has halted most of its low-cost housing projects amid a shortage of materials from China.
Shelter Afrique managing director Andrew Chimphondah said most of the projects rely on Chinese affordable materials, whose supply has been disrupted by a slowdown in industrial activities.
“Most of our developments rely on low-cost materials from China and because we drive low-cost high volume housing across Africa, we have not been able to get supplies,” he said.
Mr Chimpondah did not rule out redundancy plans if the slowdown continues in the sector for business to remain viable.
