Ivory Coast has officially launched the construction work for 420 social and economic housing units in Yamoussoukro, the Ivorian political and administrative capital, as part of an emergency program of 25 000 units.
With a cost of more than 13,5 billion FCFA, the project benefits from financing from the West African Development Bank (BOAD), as part of an overall commitment of 145 billion FCFA, recorded in October 2023. It aims to build 4 300 social housing units in Ivory Coast, including, in addition to Yamoussoukro, plans for 2 360 units in Abidjan PK 24 and 1 520 in Bouaké.
The project will be carried out on an area of approximately 3 hectares, in the Morofé Résidentiel district, near the Basilica of Our Lady of Peace.
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The program provides for the construction of 21 R+4 type buildings, for a total of 420 apartments. The supply will be divided equally between 210 three-room apartments and 210 four-room apartments.
The housing units are intended to be marketed through two mechanisms: rent-to-own and simple rental. This formula is intended to broaden access to housing for various household profiles, taking into account their financial capabilities.
Ultimately, the project should thus make it possible to house 420 families, while contributing to the structuring of the residential supply in a city that concentrates several administrative and institutional functions of the country.
For the BOAD, this financing also strengthens its involvement in the financing of infrastructure and equipment contributing to urban development and the improvement of living conditions in the UEMOA space. With this investment, the operation also represents a significant volume of expenditure in the construction sector, with expected benefits for BTP companies and the various trades involved in the project's completion.
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The work is expected to span 36 months, before the housing is made available to beneficiaries. The authorities insisted on the need to respect contractual deadlines as well as the quality standards provided for the project.
The stated ambition is to build residential complexes that are properly integrated into their environment and offer future occupants a suitable living environment. The design in the form of apartment buildings notably allows for the optimization of land use on the site of nearly three hectares.
Beyond the construction of new housing, the operation therefore reflects the desire to develop a residential supply better adapted to the financial capacities of households, in accordance with the guidelines adopted as part of the national program. It should be noted that beyond Yamoussoukro, the commitment of the BOAD is extended to a series of interventions with the construction of a total of 2 360 units in Abidjan, already underway, and 1 520 in Bouaké.
Published on 06/10/26 15:06
Narcisse Angan