Interview:Nicolas de Roquefeuil How would you assess the performance of the construction sector over the last two years? NICOLAS DE ROQUEFEUIL: The sector recorded growth of 18% in 2021 after a temporary setback in 2020 due to the Covid-19 pandemic. Development is continuing apace in Côte d'Ivoire, which has positively impacted all construction and development segments. Many operators are…
Amid efforts to reduce the carbon footprint associated with the construction industry, there is increasing recognition of the benefits of sustainable and regenerative architecture as a means of lowering emissions. According to the “2019 Global Status Report for Buildings and Construction” published by the UN Environment Programme (UNEP), the sector is one of the world’s biggest polluters and…
Green bonds are becoming an increasingly popular form of financing worldwide as companies strive to improve their environmental, social and governance practices. Green bonds, or climate bonds, refer to a fixed-income instrument provided for climate-related or environmental projects. Institutions such as the World Bank and the European Investment Bank often issue green bonds to encourage companies to…
Following the outbreak of Covid-19 in 2020 and the subsequent economic impact of the pandemic, Côte d'Ivoire's construction sector helped the economy recover. There has been growing demand for residential properties to house the expanding middle class due to rapid urbanisation. Furthermore, industrialisation has increased the need for larger industrial zones and commercial centres, as well as an expansion…
Côte d’Ivoire's real estate sector is growing rapidly as the demand for formal housing in urban areas increases. As the country undergoes industrialisation, developed areas like Abidjan are seeing greater influxes of middle-class populations, expatriates and diaspora communities seeking accommodation. International companies are responding to the growing demands of these demographics by building…
The government unveiled the National Development Plan (Plan National de Développement, PND) 2021-25 to improve infrastructure development and support the expansion of the construction sector. This agenda is also expected to attract more public and private investment, and boost exports. AttractingForeign Investment The swift response by the government and financial support from the IMF alleviated…
Following the outbreak of the Covid-19 pandemic in 2020 and its subsequent economic impact, Côte d'Ivoire's has construction sector helped the economy recover. There has been growing demand for residential properties to house the expanding middle class amid rapid urbanisation. Furthermore, industrialisation has increased the need for larger industrial zones and commercial centres, as well as an expansion…
A dynamic, diverse and rapidly growing country, Côte d’Ivoire is one of the largest economies in West Africa, with a promising growth outlook and favourable demographic prospects. Economic growth is expected to continue following robust recovery from the Covid-19 pandemic, with a projected growth rate of 6% for 2022. However, the global inflationary environment, the geopolitical uncertainty cau
Interview:Clyde Fakhoury In what ways can sustainable urbanisation be ensured in a city as densely populated as Abidjan? CLYDE FAKHOURY: There is no doubt that Abidjan is facing major demographic challenges such as traffic congestion, the saturated housing market, the exploitation of natural resources and development of the outskirts of the city. In recent years a series of measures have been…
Interview:Bruno Nabagné Koné What successes has the Presidential Housing Plan seen since its establishment? BRUNO NABAGNÉ KONÉ: The results are not what we expected. Originally, the ambition of the Presidential Housing Plan was to build 60,000 homes, which was later increased to 150,000 homes. As it stands, we have only completed 10% of this goal, but we are organising ourselves to catch…