Tuesday, 24 October 2017
HOT NEWS
Official launch of the activities of the 2th edition of the fair International Agricultural of Kinshasa: Under the initiative of the Provincial Ministry of Agriculture of Kinshasa, the official launch for the 2nd International Agricultural Fair of Kinshasa took place on Wednesday June 14, 2017 at the KEMPISKI FLEUVE CONGO HOTEL. During the ceremony, several speeches were                                                    The Democratic Republic of Congo presents the Doing Business 2018 reforms: Under the patronage of His Excellency BAHATI LUKUEBO, Minister of State, Minister of Planning, the National Agency for the Promotion of Investment organized on Tuesday, May 30, 2017, at  Pullman Hotel, a workshop presenting the 2018 Doing Business reforms. Six indicators                                                    “The time for Africa is now – we can’t slow down, we must quicken the pace”: Adesina: India is the perfect place for the African Development Bank to focus on the transformative power of agriculture, Bank President Akinwumi Adesina has told the African, Indian and international press. “India is an inspiration to Africa, in that its Green                                                    ANAPI will take part at the DRC Mining Week which will be taking place in Lubumbashi on 23-24 June: DRC Mining Week is a well-established annual mining investment event aimed at creating an enabling environment to boost the industrialisation of the mining sector. The three-day programme will feature: a two-day conference for international and national stakeholders to gain knowledge and                                                    Burey Gold expands in Kilo-Moto greenstone belt: Mining company Burey Gold inked an agreement with Emirati firm Medidoc FZE to buy a 60% onterest in Tendao project which comprises five exploration licences covering a total of 1,456 km², in North-Western part of DR Congo. The deal will                                                    AfDB and Japan to spend $3bn to boost growth in Africa: During the sixth edition of the Tokyo International Conference for Africa’s Development (TICAD VI) recently held in Nairobi, Kenya, the African Development Bank (AfDB) and the government of Japan signed a $3 billion agreement to boost growth in private sector                                                    DRC will take part at The Sixth Tokyo International Conference on African Development (TICAD VI) Summit in Nairobi: The Democratic Republic of Congo will take part at The Sixth Tokyo International Conference on African Development (TICAD VI) Summit in Nairobi, Kenya's capital. The delegation led by the Managing Director of the National Vocational Training Institute (INPP), Maurice Tshikuya                                                    kwilu: sensitization of executives of the public administration on the improvement of the business climate: Executives of the public administration and the private sector in the province of Kwilu and particularly those from Bandundu city, the capital of the province have been sensitized for two days on the reforms implemented to improve the business and                                                    Need to adapt the geological map of the DRC to the understanding of new minerals: Mr. Ikoli, Deputy Chief of Staff of the Minister of Mines, noted the need to adapt the old geological map of 1972 to the understanding of new minerals at the opening of the validation workshop of the new geological map                                                    FIKIN opens its doors this Saturday 16th of July 2016: The fair activities of Kinshasa for the year 2016 will start on Saturday, July 16 and close on 15th August, announced the Director General of the International Fair of Kinshasa (FIKIN), Eugene Bokopolo. The N ° 1 of FIKIN engaged with the                                                   

Housing and real estate

The number of the population (70 million) and the wide area (2,345,410 km²) of DRC, are major assets to ensure investment in housing and real estate sector. We however notice overall deficits in housing estimated at 3,945,555, that is, 263,039 houses to be built per year. The needs of the city of Kinshasa are estimated at 54.4% of the overall deficit, that is, 143,092 houses to be built per year.

I. Potentials

  • Many expanses of land to be exploited throughout the country. Existence in each province of land areas dedicated to the construction of social housing ;
  • Strong demand compared to the supply ;
  • Existence of a significant market share for new construction companies and investors in the sector ;
  • Freedom to do business in this sector.

II. Achievements

Construction of social housing by :

2.1. Private operators

Constructions implemented :

  • Cité du Fleuve ;
  • Cité Kin Oasis ;
  • City Belle Vie ;
  • Cité de l’Espoir ;
  • Cité Moderne (in implementation processs).

Thanks to ANAPI’s involvement, there is an unprecedented boom in real estate sector throughout the Republic.

III. Vision of the Government in the sector

The housing policy is focused around four axes :

  • The reorganization of the housing sector (institutional reform and capacity building) ;
  • Improvement of the housing (land development policy and of supervision of real estate) ;
  • Fund raising for housing ;
  • Elimination of urban poverty areas (emergency action).

IV. Legal framework of the sector

  • Land Law No 73-021 of 20 July 1973 on the general regime of property, land tenure and property and collateral regime.

This law decrees precise standards which regulate the purchasing area, of sales and leasing of land and / or concessions. It should oversee the decisions of sellers, lessors and buyers about the procedure for all transactions for the issuance by the Congolese State of ultra secure real estate titles.

Bakajika Law of June 7, 1966 (The soil and subsoil belong to the State).

It stated that "the soil and subsoil belong to the State." This law was intended to bring order in the land sector.

  • Ministerial Order No. cab/MINA/TUHITPR/007/2013 of 26 June 2013 concerning the regulations of granting building permits in the Democratic Republic of Congo.

Any person wishing to undertake a property development, urban innovation, building or structure of any kind in durable materials and according to the rules of art throughout the Democratic Republic of Congo, should first obtain a building permit from the relevant administration of Urban and Housing Planning.

  • Circular Note n°005/CAB/MIN/AFF FUNC/2013 of 12 June 2013 on the procedure and the transfer period of land and property rights.

Why Invest In DR Congo ?

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