Djibouti Affordable Housing

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IFC will assist the Government of the Republic of Djibouti (the "Government") in implementing a competitive process to select a private real estate developer, with proven experience in the housing sector to develop affordable housing units in Djibouti under a public-private partnership (“PPP”) project. The private real estate developer will also be able to develop and market medium-standing housing units as part of the project. The Government will be responsible for: (i) the provision of land that will be used for the project, according to terms to be defined by the Ministry of City, Urban Planning and Housing; and (ii) the allocation of affordable housing units to beneficiaries selected according to transparent selection criteria that will be communicated later, against the payment of monthly rents over a period to be defined.