International › APA

Burkina Faso launches 40,000 housing program

Pas d'image

The government of Burkina Faso on Monday officially launched a program of construction of 40,000 houses by 2020, costing more than CFA 500 billion francs in a bid to make “housing affordable to all Burkinabe.”The National Housing Program (PNCL) aims to “establish a sustainable mechanism for the production of decent housing accessible to the majority of the population with low incomes”.

The two components of the program, which focus on improving the regulatory and institutional framework, improving the environment and making available low-income houses, will enable housing units to be built in major cities, promote the construction private rental housing and assist with self-construction.

According to the predictions of the ministry of Housing, the Burkinabe urban population will double by 2030, which calls for heavy investment in real estate.

For the two major cities of the country only, Ouagadougou and Bobo-Dioulasso, needs are estimated at more than 30,000 homes per year.

Featured
Back top