Connect with us

Africa

Property Developers in Burkina Waiting to Discuss with the Ministry of Urban Planning

Roger Nikièma, spokesperson for the Association of Real Estate Developers of Burkina (APIB), expected to meet the Minister in charge of urban planning, but only encountered his general secretary and technical advisers. Despite the two and a half hour meeting, the real estate developers were not satisfied as they had not been able to meet the Minister face-to-face. They had learned through an oral communication to the Council of Ministers that the Minister questioned their financial capacities.

Published

on

The Association of Real Estate Developers of Burkina (APIB) was received in audience this Tuesday, December 27th, 2022 at the Ministry of Urban Planning, Land Affairs and Housing. The surprise of the day, their minister was absent.

It was a meeting scheduled to discuss the various real estate projects validated by the ad hoc committee of the Ministry in charge of urban planning. “When we arrived, we thought we would meet the minister. We realized that it was his secretary general, technical advisers, and technical directors. The minister was absent,” said Roger Nikièma, spokesman for the Association of Property Developers of Burkina (APIB).

The initial objective was not achieved, despite the two and a half hours of face-to-face. “It is to tell you that we real estate developers are not satisfied with this meeting. We thought that today was the opportunity to discuss face-to-face with our minister,” said Roger Nikièma.

In the wake, he said: “I note that since the minister was appointed, we have not been able to meet. It is through oral communication to the Council of Ministers that the real estate developers say they learned that the Minister has questioned the financial capabilities of developers.”

Discover the world’s most interesting financial news with the mobile app Born2Invest. The app provides its readers access to the latest news in global business, stock market, finance news, and also trending topics like bitcoin, cryptocurrency, and biotech.

“We did not agree with everything that was said,” said the spokesman of the APIB. However, the real estate developers hope to meet with the minister another day to discuss the issues that concern them. When asked about these concerns, Roger Nikièma cited, among others, the approval of the files selected by the ad hoc committee and all the files that have not been approved.

The visitors of the day are convinced that once these different files will have better treatment, the lines will move. “The ministry, in its normal functioning, must always know the treatment of the files. And we see that the ministry at this level does not work,” lamented Roger Nikièma.

__

(Featured image by analogicus via Pixabay)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in lefaso.net, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.

Desmond O’Flynn believes in minimalism and the power of beer. As a young reporter for some of the largest national publications, he has lived in the world of finance and investing for nearly three decades. He has since included world politics and the global economy in his portfolio. He also writes about entrepreneurs and small businesses, as well as innovation in fintech, gambling, and cannabis industries.