While high nominal growth in some years was partially a result of inflation, real sector growth also ran in the double digits between 2013 and 2015, averaging 23.9% across the period and standing at 28.3% in 2015, according to the Ministry of Economy and Finances. In current prices, the construction sector’s value-added was equal to 5.9% of...
In 2010 President Alassane Dramane Ouattara announced plans to build 60,000 housing units. The current deficit is estimated at 400,000 to 600,000 units, with demand growing by 40,000-50,000 units each year. To bridge the shortfall, the state launched the Presidential Housing Plan in May 2013, hoping to add 150,000 units by 2020. Under the...
Côte d’Ivoire’s real estate sector has witnessed strong activity in recent years, as stability returned to the country and a shortfall in property availability across market segments has attracted international investors and developers. A state initiative to build up the social housing segment is taking off with backing from local and Moroccan...
Côte d’Ivoire has faced a shortage of cement since early 2015, as a result of rapid growth in construction activity when large-scale investment returned to the country after 2011. Demand for cement – and therefore its pricing – is also highly seasonal, leading to particular supply pressures between January and May, the dry season when most...
What measures are being taken to streamline land title acquisition procedures in Côte d’Ivoire?
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