We introduced precast technology in construction and broke even within a year
George Mutua is the founder and CEO of Global Precast Panels, a build-tech company specializing in production and construction using precast technology.
George Mutua and his wife are the founders of Global Precast Panels, a build-tech company specialising in production and construction using precast technology
With Precast Technology, you can reduce construction costs and period by half. My wife and I learnt about this technology abroad and we wanted to use it to build our rural home, but we couldn’t find a local supplier for precast.
We saw this as a huge opportunity. We did some more research which included travels to China, UAE and other countries to learn and understand more. The budget for capital was about Sh20 million which we funded through the sale of assets like land, motor vehicles and unsecured bank loans since we were both in active employment.
