Construction & Real Estate
From The Report: Cote d'Ivoire 2015
View in Online Reader

After a decade of under-investment, Côte d’Ivoire’s construction sector has sustained double-digit growth over the past three years as private reconstruction and public investment continue to rise sharply. Côte d’Ivoire’s property market has also grown rapidly since 2011. With private initiatives flourishing and public spending on the rise, the market is witnessing genuine developments, but much more will be needed to close a housing gap exacerbated by a decade of civil unrest. With a strong portfolio of public projects, particularly in transport infrastructure and low- to middle-income housing, the demand for construction materials is set to grow further. Substantially supported by international donors, Côte d’Ivoire has opened its doors to global construction firms and has diversified investments sources. However, further support for local SMEs is needed to sustain long-term growth, while the development of the country’s construction material manufacturing industry will be critical to controlling input prices and limiting imports.

This chapter contains an interview with Charles Paradis, CEO, Bouygues Construction Concessions.

Articles from this Chapter

Overview

Playing catch-up: Significant housing demand and a slew of public projects fuel growth
OBG
plus

After a decade of under-investment, Côte d’Ivoire’s construction sector has sustained double-digit growth over the past three years as private reconstruction and public investment continue to rise sharply. With a strong portfolio of public projects, particularly in transport infrastructure and low- to middle-income housing, the demand for construction materials is set to grow further. However, new domestic capacity to produce key construction materials will be required to curb the impact on…

Analysis

Targeting transparency: Authorities take steps to build a more robust tendering regime
OBG
plus

After a decade-long crisis, Côte d’Ivoire was in urgent need investment to both maintain and expand its infrastructure networks. To accelerate the economy’s recovery and jump-start activity, the government awarded a number of no-bid contracts to expedite the tendering process, stating that priority projects needed to be fast-tracked, as happened with the Henri Konan Bédié toll bridge in Abidjan, which was awarded to outside competitive tendering. Yet this lack of competition in public procurement…

Interview

Charles Paradis, CEO, Bouygues Construction Concessions: Interview
OBG
plus

Interview: Charles Paradis What types of public-private partnerships (PPPs) lend themselves to investors in the construction sector, and what measures might encourage these? CHARLES PARADIS: All types of PPPs – also called partnership agreements or concession projects – are of interest to potential investors in Côte d’Ivoire’s construction industry. Currently, the need for these is especially acute in the road, railway and port segments. That said, there are two important measures that…

Overview

Great expectations: Despite the allure of new projects, resolving land issues is a priority
OBG
plus

As citizens have begun rebuilding and expatriates have started returning to Abidjan, Côte d’Ivoire’s property market has grown rapidly since 2011. With private initiatives flourishing and public spending on the rise, the market is witnessing genuine developments, but much more will be needed to close a housing gap exacerbated by a decade of civil unrest. Housing and urban development has been allocated CFA565.2bn (€847.8m) under the 2012-15 National Development Plan (Plan Nationale de Développement,…