PORO HOUSING 500
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This document summarizes a multi-stage housing project in Korhogo, Cote d'Ivoire aimed at improving living standards. The project has secured $43.5 million in funding from various sources including the project owner, government of Cote d'Ivoire, commercial banks, and other partners. It intends to build 500 housing units over three steps while also developing other infrastructure. The document outlines strategies to transition main financing from commercial banks to international institutions like the World Bank to align with sustainable development standards and attract broader funding.
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PORO HOUSING 500
- 1. Multinational professional services firm Capital: $ 200 millions Founded: 23rd august 2000 Headquarters: Washington DC,USA Founder: Jean Philippe Anin Number of employees: 756 Field offices: 35 countries / 4 continents
- 2. GOALS: IMPROVE PEOPLE LIVE HOOD INCREASE OPPORTUNITIES IN THE AREA REINFORCEMENT OF THE CAPACITIES TARGET: POPULATION LIVING IN KORHOGO TIME OF EXECUTION TWO (2) YEARS RESOURCES: OWN FUNDS: $10 MILLIONS STATE OF COTE D’IVOIRE: $7 MILLIONS COMMERCIAL BANKS: $17 MILLIONS OTHER PARTNERS FUNDS: $9.5 MILLIONS ADDITIONAL POTENTIAL FUNDS: $20 MILLIONS MAIN PARTNERS PROJECT PORO HOUSING 500 DESIGNATED TO TAKE PLACE IN THE NORTH OF IVORY COAST ESPECIALLY IN THE CITY OF KORHOGO, THIS PROJECT HAS BEEN SLICED IN 3 STEPS AND INTENDS AT THE END TO MAKE SIGNIFICANTLY A PROGRESS TOWARD THE DEVELOPMENT
- 3. Consectetur Tristique 72% RISKS , WE DECIDED TO WATCH CAREFULLY RISKS RELATED TO THE CONJUCTURES: POLITICAL INSTABILITIES, AFTER MANY YEAR OF INSTABILITY, WORRIES ARE TAKING PLUS FOR 2020 PRESIDENTIAL.
- 4. THE PROJECT IS AT THE FIRST STEP OF ITS ACCOMPLISHMENT THE ATTRACTIVENESS OF THE PROJECT INCLUDES MANY OTHER OPPORTUNITIES WHICH WE INVITE THE DEVELOPEMNT PARTNERS TO JOIN US FOR EXTENDING TO MANY NUMBER OF THE SDG: PUBLIC INFRASTRUCTURES EDUCATIONAL INFRASTRUCTURE HEALTH SYSTEM ENERGY SYSTEM AGRICULTURE MODERNIZATION GENDER EQUITY ANSWERING TO THE NUMBER 11 OF THE SUSTAINABLE DEVELOPMENT GOALS-SDG SDG N*11 – SUSTAINABLE CITIES AND COMMUNITIES > MAKE CITIES AND HUMANS SETTLEMENTS INCLUSIVE AND SUSTAINABLE, THE HOUSING PROJECT HERE TARGETS PEOPLE LIFE IMPROVEMENT BY MAKING DECENT HOUSE FOR THEM AND REDUCING SIGNIFICANTLY POVERTY IN THIS PART OF THE COUNTRY
- 5. For the step 1, commercial banks represents the main finance providers, they finance almost the main big project in the country, traditional partnership, they have a huge opportunities ] With $10 millions OCG – is owning the project with its expertise. Represents other partners to the project with a great interest for the investment. For them, financial goal and positioning goal are very important. With the expertise, this project will help to stand and consolidate the assets over others. • STEP 1 OF THE PROJECT – SCHEME OF FINANCE STRATEGY Influent stakeholder to the project, the Ivorian government, part of the financing of the project is a guarantee in every single level of the project execution Considered as potential, the goal is to make them existing part of the financial providers. Our strategy is about to increase their actions beyond the limits of the project
- 6. Became main financial providers, the other investors increased because of the impact over the project. With counseling, financial support, we remain relatively the main provider Lead the group of CBs, who reduce their impact, but still enough to support the project Got in touch with the SDG, international institution starts being interested because the project becoming valuable for the standards At this point of the step 2, government financial part should be restricted. • STEP 2 OF THE PROJECT – SCHEME OF FINANCE STRATEGY
- 7. OCG OTHER INVESTORS International institution THIS IS THE SCHEME OF OUR FINAL STRATEGY, THE GOAL IS TO PUT THE PROJECT IN THE STANDARD OF INTERNATIONAL INSTITUTION SUCH WBG. MATCH PERFECTLY WITH REQUIRES OF THE WBG/UN ON THE SUSTAINABILITY OF THE PROJECT, OUR PROJECT IS NOW WIDELY FINANCING BY THEM, AND MAKE THE PEOPLE MEET THEIR EXPECTATIONS. OTHER INVESTORS ARE THOSE WHO DIRECTLY INVOLVED IN THE PROJECT, EXECUTING AND REMAIN POWERFUL STAKEHOLDERS. • STEP 3 OF THE PROJECT – SCHEME OF FINANCE STRATEGY
- 8. THE MAXIMIZING FINANCE FOR DEVELOPMENT TO FINANCE OUR PROJECT IS ABOUT TO MATCH THE PROJECT WITH THE STANDARD REQUIREMENT OF THE SUSTAINABLE DEVELOPMENT GOALS AND EMPHASIZE ON THE IMPORTANCE.
- 9. Thank You