The deputies of the Burkinabe transitional legislative assembly adopted a bill on real estate development on Tuesday. To provide a solution to the lack of housing, previous governments had allowed companies and private individuals to engage in the construction and sale of housing to populations.
A few years later, the result of this opening remains mixed and the country has more than 200 real estate companies that buy and resell land at exorbitant prices. With this bill, the government intends to clean up the land sector.
The 70 deputies present in the hemicycle unanimously adopted this bill. From now on, real estate development is refocusing on housing construction, excluding land development. It will therefore no longer be a question of selling bare land to the populations, as is currently the case.
According to Mikailou Sidibé, the Minister of Town Planning, Land Affairs, and Housing, this bill best protects land intended for agricultural activities, because the construction and sale of housing will now take place at the level of urban centers.
Asked whether this new text resolves the land issue and that of housing, considered a time bomb in Burkina Faso, Mikailou Sidibé acknowledges that there are many difficulties in the field of land. However, he points out that a “component of the bomb has been identified and controlled” with this bill.
As for Ousmane Bougouma, the president of the transitional parliament, he urges the government to apply this new text to put an end to the sale of land by real estate companies.