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Reading: Togo to construct 1,000 Housing Project in Lome
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AfricaNews360 > News > Togo to construct 1,000 Housing Project in Lome
News

Togo to construct 1,000 Housing Project in Lome

The project forms part of Togo’s urbanization and the national development plan.

Posted Malik muhammed July 4, 2023 2 Min Read
Updated 2023/07/04 at 4:35 PM
Addoha Douja Promotion is a Morocco-based company and the country’s leading property developer and operator
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The Togolese government has announced signing a contract with Addoha Douja Promotion, a Moroccan company, build a 1,000 housing units in the capital Lomé.

The Ministry of Urban Planning revealed that the government and the firm signed the related protocol agreements on June 15. The documents were signed by Koffi Tsolenyanu, Minister of Housing, and Mehdi Zemmama, Executive Director for Africa of Addoha.

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Under the terms of the agreement, the Rabat (Morocco)-based company, which specializes in leasing real estate, is expected to present to the Togolese state within five months a preliminary description of the project detailing the chosen architectural party and the major elements of the construction program.

This project falls under a larger one to build 20,000 housing units and aligns with the government’s 2020-2025 roadmap. Also, Lomé signed a similar agreement two years ago with the pan-African institution Shelter and other partners such as IFC, AfDB, and BOAD.

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“This agreement will significantly boost the execution of the large program to construct 20,000 decent, affordable housing units,” declared the Minister of Housing. He further noted that “the planned decent collective housing in Lomé on underused land in urban and peri-urban areas will reduce the gap between supply and demand for decent housing in Lomé, and limit sprawl.” 

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The Togolese government had wanted to build 20,000 social housing units by 2022, but missed the deadline due to Covid-19 pandemic and therefore extended it to 2025 .

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TAGGED: Koffi Tsolenyanu, Mehdi Zemmama, Minister of Housing, Morocco
SOURCES: africanews360.com
Malik muhammed July 4, 2023
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