THE CONSTRUCTION OF SOCIAL HOUSING IN NIAMEY
Sector: Urban planning
Project owner: Société Nigérienne de Promotion Immobilière ‘’SONIPRIM SA’’
Estimated cost (USD): USD 10 million
Estimated cost (FCFA): FCFA 5 billion
Today, housing is a worry for a large number of Nigeriens. Low-income households, in particular young civil servants, are the principal victims of the Niger property market crisis. The housing sector is experiencing a chronic deficit in supply versus demand. To facilitate housing access, Soniprim plans to build 550 housing units comprised of: 250 F3 units and 300 F4 units.
- Respond to the strong national demand for housing;
- Improve living conditions for Nigeriens by providing them with decent living standards;
- Boost the property market.
CHARACTERISTICS OF PARTNERSHIP REQUIREMENTS
Project Design: Private/Private
Risk sharing: Private/Private