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B/Faso launches subscriptions for 40,000 housing programme

The Burkinabe Government has launched an ambitious campaign of subscriptions to a national programme for the construction of 40,000 housing units in all the major towns of the urban and rural communes of Burkina Faso, APA learned Friday from the Ministry of Urbanism and Habitat.This programme, which aims to provide the Burkinabe with decent housing, is open to citizens within the country and from the Diaspora, including civil and private sector workers as well as from the informal sector wishing to acquire houses of their own.

With an overall cost of CFA 479.8 billion francs, this programme will allow access to social housing, economic housing, housing of high standings and apartments in buildings in the 13 regions of the country.

 

To this end, the government has solicited the contribution of the 10 private developers and support from the banks.

 

According to projections, the number of Burkinabe living in urban areas will double by 2030, a situation which demands for heavy investment in real estate.

 

The needs for the two main cities of the country, namely Ouagadougou and Bobo-Dioulasso are estimated at more than 30,000 homes per year.

 



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