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Press Release | Business

Press Release: Canadian Company Launching iDOMO Project in Saudi

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The first PPP-iDOMO project to be ever developed in the world will be launched from Saudi Arabia by July 2017. CBH developed the iDOMO system (invest, develop, own, manage and operate) in May 2016 after several years of research and development. Press Release (05/08/2017) Ottawa, ON - The system of iDOMO is an effective solution to overcome the negative effects created by the crisis of 2008 in developed nations economies. iDOMO is a cooperative public-private investment financing platform to help provide public needs such as housing, power, energy, water and food.

The iDOMO financing platform, designed by CBH Inc., is now adopted by the Ministry of Housing in the Kingdom of Saudi Arabia. This advanced PPP investment platform is now deployed to overcome an existing shortage of four million housing units. At the same time it should attract $100 billion US in Saudi planned projects in the infrastructure sector.

Mr. Moses Solemon, Chairman and CEO, said that CBH Inc. intends to transfer know-how of development through active partnership with more regional governments. The first projects to be implemented is planned in the Middle East and East and North Africa (MEENA) regions.

CBH Inc., a Canadian company based in Ottawa, brings a wealth of knowhow, intellectual property, and ethical financial management. CBH methods are effective in growing wealth, creating prosperity and economic sustainability for the people and by the people.

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