Congo - Construction - Real estate, a priority sector

A priority sector of the National Development Plan (NDP) 2022-2026, real estate development aims to strengthen the legal framework, increase the supply of decent housing at lower costs and increase the real estate supply in favor of economic activities.

Position

Reference

Space not available

Reserve this advertising space

Selected ad format

The file format is not recognized

Click here for
upload an ad

Click here to download
an announcement

Here drag and drop or
upload an ad

Send the ad up to 8 days after payment
A link will be sent to you by contact@via-agency.media

Reserved space
Announcement transmitted

If you want another location, you can move this ad

Reference

The housing ecosystem in Congo has many weaknesses. More than 901,000 homes are built through self-construction. The current housing deficit requires the construction of a minimum of 15,000 homes per year, well beyond current production. As one of the pillars of the development strategy for the 2022-2026 five-year period, real estate development responds to the need to involve this sector in the process of diversifying the Congolese economy.

A step had already been taken with Law No. 6-2019 of March 5, 2019, establishing the Urban Planning and Construction Code, which regulates a sector often prone to anarchy. This law, composed of 259 articles, is subdivided into two parts: the first is devoted to urban planning and the second to construction. The government launched the social housing project in 2009. Since then, several homes have been built across the country, notably in Brazzaville, Oyo, and Owando. However, many Congolese are forced to live in neighborhoods threatened by natural disasters due to the high cost of acquiring these homes, some of which have not yet been made available to the public.

Despite the potential and opportunities it offers, real estate remains subject to numerous constraints. Numerous challenges must be addressed to make it a lever for strong and sustainable growth. Despite growing real estate demand and the public real estate development company (SOPRIM), the supply of housing (both low-cost and social) remains below demand.

Position

Reference

Space not available

Reserve this advertising space

Selected ad format

The file format is not recognized

Click here for
upload an ad

Click here to download
an announcement

Here drag and drop or
upload an ad

Send the ad up to 8 days after payment
A link will be sent to you by contact@via-agency.media

Reserved space
Announcement transmitted

If you want another location, you can move this ad

Reference

Specifically, this involves strengthening the institutional, legal, and organizational framework for real estate; increasing the supply of decent, low-cost housing; and increasing the supply of real estate to support economic activities. To achieve this, the Government will implement the development of real estate infrastructure, the promotion of housing and decent housing, and the governance of real estate development.

To facilitate access to decent and affordable housing for as many people as possible, projects will be implemented such as the construction and completion of housing in Diosso, the construction of buildings in Pointe-Noire (Camp IGET), the construction of a SS+R+6 building for the real estate development company at the Lumumba roundabout in Pointe-Noire, the construction and completion of housing in Owando, the construction of housing in Camp-Clairon, the construction of housing with the ADH group and the construction of housing with funding from BADEA, MAMBO social housing and Barnier case, construction and equipment of two units for the second and third industrial processing of wood in the ZES and industrial parks, the completion of the tails of accelerated municipalizations in the departments, the restructuring of precarious neighborhoods (DURQUAP Project), the construction of departmental directorates of the ministry in charge of construction, the rehabilitation and equipment of departmental directorates of the ministry in charge of construction, the construction and equipment of schools and academies, the creation of a National Housing Fund, the project to improve the supply and access to real estate credit, and the launch of the national social housing company.

The real estate infrastructure development program involves building and rehabilitating administrative, public, and economic infrastructure. This includes the construction of the headquarters housing the management bodies of the SEZs and commercial free zones; the restructuring of precarious neighborhoods (DURQUAP project); the construction of the international business city in Brazzaville; the construction of a shopping center in Mpila; the construction of two secondary and third industrial wood processing units in the SEZs and industrial parks, etc.

Building green, inclusive, healthy, resilient and sustainable cities will require intense efforts to coordinate national and local policies.