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.
• 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.
Construction of social housing by : 2.1. Private operatorsConstructions 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.