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Re: KILLAZILLA post# 24468

Wednesday, 06/14/2023 1:52:46 PM

Wednesday, June 14, 2023 1:52:46 PM

Post# of 34567
There are lots of ways to fund large-scale real estate projects in third-world countries, depending on a number of factors -- as long as the current land owners are willing to cooperate and the local lenders believe that there is strong local economy and corresponding demand for affordable housing in the area, which seems to be the case.

https://www.worldbank.org/en/country/cotedivoire/overview
Côte d’Ivoire, the world’s leading cocoa and cashew producer, is experiencing one of the fastest sustained economic growth rates in Sub-Saharan Africa in over a decade. With real GDP growth averaging 8.2% between 2012 and 2019, Côte d’Ivoire successfully contained the COVID-19 pandemic and maintained a positive growth rate in 2020 (2%). In 2021, the country returned to its high-growth trajectory and continues to play a central role as a regional economic hub and host country for many nationals from the Economic Community of West African States (ECOWAS) and elsewhere.

https://oxfordbusinessgroup.com/reports/cote-divoire/2020-report/economy/place-to-call-home-a-shortfall-of-affordable-housing-remains-despite-a-large-number-of-commercial-projects-coming-on-line-in-recent-years
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