GDP in billions: $2,140.94
After the great economic fall in 2015, which was seen as the worst economic drop of the century, Brazil’s economic power is on the rise again. Projected GDP for the last quarter this year was 0.1 percent, and the actual rise was 0.2 percent until now.
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Home construction has been slow, costly, and inefficient for centuries. To change that, in 2017, Paolo and Galiano Tiramani founded BOXABL, bringing factory-built efficiency to a nearly $5T global home construction industry.
Where traditional homes take 7+ months to build, new homes can roll off BOXABL’s assembly line nearly every 4 hours. Equipped with plumbing, electrical, and HVAC, they’re ready to be delivered and lived in. No wonder they’ve built 600+ already with 190,000+ more reservations from potential buyers.
Now, the Tiramanis are preparing to unlock even more growth opportunities with Phase 2 — where modules can be configured into larger townhomes, single-family homes, and apartments. No wonder they recently reserved the Nasdaq ticker “$BXBL.”
