DJIBOUTI | Delta Project | Proposed

What, nobody checked the video yet, oooh deceiving guys...

This Kuwaiti society has also won the contract to build 1600 new social housing units at the western suburb of Djibouti-city. They're also building a construction facility to supply the construction of social housing in the capital and different regions.

Signature de contrat de construction de 1600 logements Un logement pour tous

Djibouti / Koweït

Le ministre de la promotion des investissements, chargé des relations avec le parlement, M Osman Ahmed Moussa et M. Usama Al Bader Al Qanaei, membre du conseil d'administration du groupe " Locrete " ont paraphé hier un contrat pour la construction de 1600 logements sociaux.

Dans le cadre de la politique du gouvernement visant à promouvoir l'accès à la propriété et à un logement décent au plus grand nombre de citoyens, le Ministre de la Promotion des investissements, chargé des relations avec le parlement, M. Osman Ahmed Mohamed, a procédé hier, à la signature du contrat de construction de 1600 logements sociaux au PK 12.

Dans une déclaration faite à la presse nationale, le représentent de la NREC, M. Usama Ahmed a précisé que la signature de ce contrat est l'aboutissement de l'accord passé avec le Président de la République M. Ismaël Omar Guelleh, l'année dernière, en marge du sommet arabe économique au Koweït .

Ce projet entièrement financé par la société National Real Estate Company (NREC) sera exécuté par le groupe "Locrete" qui dispose d'une grande expertise et d'un système de construction moderne. Selon M Fahmi Ahmed Al-Hag, conseiller du Président de la République chargé des investissements, " ces logements sont destinés aux citoyens à faibles revenus".

Le Ministre a pour sa part rappelé que ce projet s'inscrit dans le cadre de la politique du gouvernement visant à favoriser l'accès à la propriété et à un logement décent à tous les citoyens.

Rappelons que le 17 juin dernier, le conseil des ministres avait adopté un arrêté octroyant à la compagnie NREC une parcelle de terrain d'une superficie de 400 000 mètres carré sur la route du port de Doraleh, pour la construction d'un complexe résidentiel et commercial, et des hôtels. Et ceci dans le cadre de la Promotion de l’immobilier et du tourisme.

Nrec Signed A Contract With The Government Of Djibouti

05.03.2009

NREC signed a contract with the Government of Djibouti
On the 17th February, 2009, the National Real Estate Company signed a contract with the Government of Djibouti to develop an area of land equivalent to 360,000 square meters for setting up a residential city containing around 1,600 units.


The contract was signed by His Excellency, the Minister of Investment and Parliament Relations Development of Djibouti, Osman Ahmed Moussa, NREC’s representative Mr. Usama Al-Bader and Locrete Industries representative Mr. Fahim Kassis.


NREC will use the construction expertise of Locrete, one of NREC’s subsidiaries, in the establishment of the residential units which will help in solving the housing shortage problem in the Republic of Djibouti.


This contract, the first of its kind in this field, will be completed in a period not exceeding 18 months from the date of commencement.

Locrete Industries Co. - Locrete Building System

Locrete is an innovative patent-protected building system for constructing walls and structural slabs. It consists of pre-cast, pre-stressed concrete elements that have a unified cross section and variable lengths and can span up to 6 meters.

The system provides a substantial improvement in the quality of structure and major savings in construction cost, time, equipment and labour.

Particular characteristics make Locrete a preferred solution, especially for projects with a repetitive nature and modular form. Locrete homes are structurally sound, energy-efficient, and environmentally responsible and require minimal maintenance and repairs. Locrete Industries contracted Kuwait Institute for Scientific Research (KISR) to perform structural and other various tests on the system. The results have exceeded the requirements of the American code (ACI 318) and validated the system's fitness for intended use.



The first Locrete housing project will be implemented in Djibouti, where Locrete signed an agreement with the Djiboutian Government to build a factory to provide Locrete for 1,600 housing units of type F2, F3 and F4 which will be completed in 28 months.

Some more pics of the project

This project site that is located in the Doraleh area (where has been inaugurated last February East Africa's biggest port) is basically being built to provide services for the port itself, the Free Zone and the industrial zone being built in that same area.
The construction of that port complex has brought with it numerous similar projects.

Well officially the project has to be carried on, because Tarik Ben Laden (the man behind the idea) reassured Djibouti's president in a recent visit to Dubai that the economic downturn would not affect the project because the funds were from oil rich gulf states and already secured, but rumors say that the economic downturn will cause a delay in the project and there is also the fact that Eritrea (the region's trouble-maker) mantains its troups at the border and still refusing to sit at the negociating table with Djibouti. The area were the project is to be built is located aroud 20km from the Djibouti/Eritrea border, and in order to invest billions the border dispute with Eritrea has to resolved. But as you know, Eritrea is not really a fan when it comes to solving issues diplomatically.
Anyway, we hope this economic downturn and border dispute will resume and the project will be carried out at lat.