Oxford, MS 5/24/2011 (PennyPayDay) -- GreenWorld Development, Inc. (OTC:FRXP), a developing player in the global market for environmental health and energy products, announced yesterday, in a press release, that it is in joint venture discussions to build affordable and environmentally friendly housing in Sub-Sahara Africa.
GreenWorld has developed with its Italian pharmaceutical joint venture partner a unique new technology to ferment and impregnate building panels and building blocks with anti-mosquito repellents. “Malaria remains to be a major threat to mankind worldwide, especially in Africa,” GreenWorld-CEO Leo J. Heinl says. “In Kenya, every year 34,000 of children in the age of five and younger die because of Malaria – about 100 per day! We at GreenWorld trust that this technology will become a major step in the fight against malaria.” The repellent will be made available to building contractors, Government and health organizations.
The toxin (which is not dangerous to humans) will need to be replenished every 2 years. GreenWorld therefore expects a continuing income stream from both primary supplies as well as from the repeat bi-annual replenishment.
GreenWorld Development is dedicated to develop innovative, competitive and sustainable products for efficiency goods and services and to support the "Smart Green Economy". Its main focus is pharmaceutical/healthcare, carbon emission technologies and trading, R&D in alternative, sustainable, innovative, competitive and environmentally friendly technologies along with emerging market consultancy.
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