What challenges must be overcome to enable growth in the real estate sector?
Since the country’s return to political stability in 2011, Côte d’Ivoire’s construction sector has experienced significant growth as a result of heavy public and private investment. Foreign investors have helped to usher in new infrastructure projects, especially in the transport and housing segments. Such investments have gone hand-in-hand...
Côte d’Ivoire has returned to economic growth after stabilising its political situation in 2011. The economy has grown at a rate of 9% per year since 2011, in part due to the emergence of its burgeoning industrial sector. As one of the fastest-growing African economies, with an annual GDP growth rate forecast at 7-7.5% in 2019, Côte d’Ivoire is now promoting sustainable and inclusive growth.
In an effort to alleviate problems associated with rapid urban growth, the Yangon regional government announced the formation of the New Yangon Development Company (NYDC) in March 2018. The NYDC is tasked with overseeing the development of a new city on the western outskirts of the commercial capital.
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