Connect with us

Africa

Senegal’s Ambitious 100,000 Social Housing Program: A Path to Restructuring and Growth

Senegal’s government plans to restructure the 100,000 social housing unit program initiated by former President Macky Sall, acknowledging its ambitious goals but underachievement. Secretary of State Momath Talla Ndao aims to increase the target to 500,000 units and strengthen collaboration with developers and public housing agencies, ensuring state support and necessary subsidies for success.

Published

on

Senegal

The government in Senegal is considering overhauling the public housing construction program, saying its predecessor had “a lot of ambition.”

The public program for the construction of 100,000 social housing units was developed with “great ambition” by the former President of Senegal and his government, acknowledged the Secretary of State for Urban Planning and Housing, Momath Talla Ndao, while considering proceeding with its “restructuring.”

“As soon as we took office, we organized a workshop to reorient and restructure this project, to give it new dynamics and new life,” Ndao said in an interview with APS.

With a target of 100,000 social housing units, the former President of Senegal, Macky Sall, and his government had “a lot of ambition,” he acknowledged.

“He (Macky Sall) had put in place a set of mechanisms that would allow us to achieve [good] results. Unfortunately, with the evaluation that we have made, we note that the expected results have not been obtained,” said Momath Talla Ndao.

Macky Sall and his government have been implementing this social housing program for several years in Senegal

Its deadline had not expired when they left power last March. “New directions” will be given to this state initiative intended to find housing for 100,000 households, according to its initial objective, assured Momath Talla Ndao. The current government plans to increase the number of social housing units to be built, he said.

Ndao suggests that the target could even be set at 500,000 housing units, which is five times what the previous government was planning to do. “I can tell you that we will not talk about 100,000 housing units. It is clear that the ambitions will not be reduced.”

“We will discuss with the stakeholders concerned, the real estate developers, the SNHLM (National Society of Moderate Rent Housing) and the SICAP (Cape Verde Real Estate Company),” assured Ndao, adding: “We are committed to strengthening the SNHLM and the SICAP.”

“We cannot talk about social housing without the presence of the State,” believes the Secretary of State for Urban Planning and Housing, adding that the public authorities in Senegal will make “the necessary subsidies” available to the SNHLM and the SICAP.

__

(Featured image by Demba JooB via Unsplash)

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 LES ECO.ma. 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

Helene Lindbergh is a published author with books about entrepreneurship and investing for dummies. An advocate for financial literacy, she is also a sought-after keynote speaker for female empowerment. Her special focus is on small, independent businesses who eventually achieve financial independence. Helene is currently working on two projects—a bio compilation of women braving the world of banking, finance, crypto, tech, and AI, as well as a paper on gendered contributions in the rapidly growing healthcare market, specifically medicinal cannabis.