Prefabricated building manufacturer Broad Homes Industrial International completed its first overseas foray on Monday by setting up an industrial site in the Republic of Suriname, on the northeastern Atlantic coast of South America.

The move is the first step in its busy international schedule for this year as it seeks to tap into the growing demand for housing in emerging markets.

The Hunan-based group plans to open another production base in Nigeria later this year while construction work will start on two factories in the Middle East and Brazil before the year ends.