NEW YORK NY: Fox Construction, a subsidiary of Fox Petroleum Group, is proud to unveil its ambitious plans for the development of luxury resorts and Smart Cities in multiple global locations. The projects, funded by a consortium of six international banks and five private capital firms, will redefine the future of urban living and luxury hospitality. The entire project is guaranteed by Fox Petroleum Group and will be implemented over a 15-year timeline, with an IPO planned for December 2027 and completion of all developments by 2030.
Luxury Resorts: Canada, the US, and Kenya Fox Construction will develop high-end resorts in Canada, the United States, and Kenya. These resorts will embody cutting-edge design, comfort, and eco-sustainability, providing unmatched luxury experiences in prime locations. The resorts will integrate local cultural elements into their architecture and design, ensuring a harmonious blend of modernity and tradition.
Smart Cities: Canada and Australia In its most groundbreaking venture yet, Fox Construction will be building Smart Cities in Canada and Australia, designed to transform urban living through advanced technology and sustainable practices. The cities will boast a range of unique features aimed at making life easier and more affordable for residents:
- Indigenous Power Supply: Utilizing renewable energy sources to ensure a self-sustaining power grid for each Smart City. Power Backups and Gas Based Power Plant to run the city and water treatment plant.
- Free, eco-friendly transportation through a network of Green Buses within a smart city. These buses will operate on renewable energy, providing residents with an efficient, zero-emission transportation solution, ensuring easy and sustainable mobility within the city at no cost to its inhabitants.
- Affordable Manpower for Household Chores: Ensuring the availability of cost-effective, skilled labor to assist with daily tasks for each home, to make life easy.
- Moving Gas Stations: Residents will have the convenience of door-to-door refueling services for their vehicles, with an optional 30-day credit facility.
- Affordable Housing Plans: Houses will be available through a 25-year installment plan with just 2% yearly interest, making homeownership accessible to all.
- Smart Intercom and Online Tuition: Each home will be equipped with an advanced intercom system, and children from nursery to PhD levels will have access to online tuition from world-renowned educators, completely free of charge.
- Comprehensive Education System: The Smart City will house educational institutions from Nursery to PhD level, ensuring that residents can access world-class education within their community.
- As part of the Smart City’s comprehensive plan for resident welfare and security, affordable insurance plans will be mandatory. Each resident will contribute just $1 per month for medical insurance for each member of the household, ensuring access to essential healthcare services. Additionally, $10 per month will cover home insurance, protecting properties against unforeseen events, and $1 per month for road and safety insurance, guaranteeing secure and well-maintained infrastructure. $2 monthly for staff group insurance who will be working day and night to make smart city smartt living These low-cost insurance options are designed to provide peace of mind and ensure that all residents are well-protected at minimal expense.
Architectural Vision by Italian Mastermind Masilio The architectural planning and design will be led by the renowned Italian architect Masilio, who will adapt his designs to each specific location, blending local culture with futuristic living. Canada is expected to start planning and implementation by the end of 2024.
Funding and Financial Structure The projects will be backed by a consortium of six banks and five private capital firms, further cementing the financial robustness of the venture. Fox Petroleum Group will guarantee the funding, ensuring the project’s smooth execution over the next 15 years.
Visionary Leadership Dr. Ajay Kumar, PhD, Chairman and Managing Director of Fox Petroleum Group, commented on the project, saying, “Fox Construction is poised to revolutionize urban living with Smart Cities that combine technology, sustainability, and affordability. These cities will not only provide homes but create entire ecosystems where residents can thrive. Our resorts will bring luxury living to new heights, reflecting our commitment to excellence and innovation.”
With project completion expected by 2030, Fox Construction is setting the stage for an IPO in December 2027, marking the company’s long-term vision of reshaping cities for the future.
