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Building a Brighter Future: The Dawn of a New Era in Construction and Housing Legislation - News Directory 3

Building a Brighter Future: The Dawn of a New Era in Construction and Housing Legislation

September 12, 2024 Catherine Williams News
News Context
At a glance
  • Benin is on the verge of adopting a new legislative text on construction and housing, aimed at improving building and housing practices in the country.
  • The government initiative seeks to address inadequacies in the current system, ensuring the quality, safety, and durability of structures, and setting specific rules for buildings used for housing...
  • The draft framework law, currently under review by the National Assembly, includes provisions to:
Original source: srtb.bj

Benin Set to Adopt New Legislative Text on Construction and Housing

Benin is on the verge of adopting a new legislative text on construction and housing, aimed at improving building and housing practices in the country.

The government initiative seeks to address inadequacies in the current system, ensuring the quality, safety, and durability of structures, and setting specific rules for buildings used for housing purposes.

Key Provisions of the New Text

The draft framework law, currently under review by the National Assembly, includes provisions to:

  • Ensure the quality, safety, and durability of structures
  • Set specific rules for buildings used for housing purposes
  • Encourage and secure real estate investments
  • Discipline real estate builders and developers, whether public or private
  • Support social housing policy and the management of national real estate assets

Promoting Real Estate Investment and Social Housing

The new text aims to promote real estate investment in Benin by providing a favorable environment for investors. It also prioritizes social housing, recognizing the importance of affordable housing for the population.

The government believes that the adoption of this bill will mark a new era in the field of real estate investment in Benin, recalling the principle of building permits, imposing guarantees on real estate builders and developers, and prioritizing social housing.

Next Steps

The draft framework law will be examined by the National Assembly before being put to a vote. If adopted, the new legislative text will provide a solid foundation for the development of the construction and housing sector in Benin.

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