Announcement • Jun 24
Eco Buildings Group plc Commences Construction of Second-Generation Ai-Enabled Manufacturing Platform
Eco Buildings Group plc had placed the order and construction has commenced with immediate effect on its second-generation AI-enabled manufacturing platform at its production facility in Durres, Albania. This represents a major milestone in the Company's evolution and the first significant deployment of the recently raised capital into productive, high-return assets. Eco expects to have this second manufacturing line operational within the Fourth Quarter of this year. The new platform has been substantially redesigned and re-engineered using operational data, engineering learnings and manufacturing intelligence from the Company's existing fully automated production line in Albania (which has been operational since mid-2024 and produced over 42,000 m² of high-quality GFRG wall panels in the first half of 2025 on a single-shift basis). Unlike conventional or first-generation modular systems, the second-generation platform is being developed around advanced automation architecture integrated with Artificial Intelligence. The objective is to create one of the most advanced, continuously improving industrial housing manufacturing systems currently in development. Key AI-Enabled Capabilities Under Development include predictive maintenance (targeting up to 30% lower maintenance costs and significantly reduced unplanned downtime), automated visual quality assurance and real-time process optimisation, intelligent production scheduling and bottleneck identification, adaptive manufacturing control and automated fault diagnostics, energy optimisation and manufacturing analytics, and production forecasting and continuous operational learning. As operational data accumulates, the platform is designed to become progressively more efficient, productive and reliable - creating a powerful data-driven competitive moat. The Directors are confident that Eco's proprietary Glass Fibre Reinforced Gypsum (GFRG) technology, combined with advanced manufacturing, can deliver compelling advantages versus traditional construction: up to 5x faster construction speed, up to 50% lower build costs, approximately 40% lower CO2 emissions, significantly reduced material usage (35% less steel, 51% less cement, 75% less water, 76% less sand), inherently strong, durable and resilient (seismic performance to 8.5 Richter scale, high cyclone resistance, 4-hour fire rating). Each standardised production line is expected to deliver approximately 1,440 m² per day (equivalent to ~6 homes per day per line) at capex of less than $5 million per line. This creates a highly scalable, replicable model where capacity can be expanded through the addition of standardised lines rather than proportional increases in labour. The rapid placement of the order and commencement of construction demonstrates the Board's commitment to disciplined and swift deployment of capital into assets that will drive long-term shareholder value. The new platform will materially increase manufacturing output while simultaneously advancing the Company's technological capabilities and competitive positioning. The Board increasingly views Eco as a housing technology company rather than a traditional construction business. The combination of proprietary GFRG technology, advanced automation and AI integration, data-driven manufacturing intelligence, and future digital twin and smart building capabilities creates a differentiated and defensible platform with significant long-term potential. Each future manufacturing platform is intended to operate as a standardised, replicable production unit. Future facilities (whether in the UK, Chile, Africa or elsewhere) are expected to benefit from common engineering standards, shared manufacturing intelligence and accumulated operational knowledge - enabling rapid, high-quality international scaling while maintaining consistency and control. This model has already been proven at scale on major projects (including Dubai Motor City) and is supported by international certifications (CE, ISO, fire, seismic).
