02/26/2014 (press release: media1press)
The ongoing commitment of His Majesty King Mohammed VI to promoting South-South cooperation as a development tool serving the people of sub-Saharan Africa has shown once again on Tuesday through real estate projects of over 8,000 low-cost housing units, launched in Abidjan by the Sovereign, who was accompanied by Prime Minister of the Republic of Côte d’Ivoire, Daniel Kablan Duncan.
These projects are in line with the royal speech on the occasion of the opening session of the Ivorian-Moroccan Economic Forum, in which the Sovereign said that Africa does not need assistance as much as more mutually beneficial partnerships. Our continent needs human and social development programs more than humanitarian aid.
The projects which reflect the determination of HM the King to allow the countries of the African Continent to benefit from the highly appreciated Moroccan experience in the fight against unhealthy housing, involve the construction of 7,500 housing units in the Locodjoro neighborhood (Commune of Attécoubé ) and 530 other units in the city of Kumasi.
Part of the efforts of the Ivorian government to address the structural deficit in housing, these two projects, carried out by the Moroccan real estate group Addoha will cover a total area of 29 hectares.
The Locodjoro project (26 ha) includes the construction of an integrated city that combines tradition and modernity with 7500 low-cost housing units and community services (a shopping mall, schools, a cultural center, a business center, a police station), and green spaces.
Located in the heart of the city of Kumasi, the Kumasi project (3 ha) provides for the construction of 530 affordable apartments and a school.
These projects will enable the Abidjan population, particularly those with limited incomes to access decent housing at favorable conditions.
These two real estate projects symbolize the historical relations of friendship and brotherhood between the two countries, as well as the unwavering commitment of Morocco to supporting the economic and social development in the Republic of Côte d’Ivoire, as part of win-win cooperation.
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