Affordable Housing in Bangladesh
Housing contributes to the GDP of the country: Housing is comprised not only of housing units but an entire housing value chain of complex, inter-connected sectors including:
i) construction material,
ii) construction builders,
iii) related services that involve brokers, finance, and insurance providers,
iv) utilities,
v) labor,
vi) financial institutions, etc. On average, each new house construction creates 5 new direct jobs.
Affordable housing in Bangladesh has many challenges, this road map by International Finance Corporation (IFC) addresses these challenges as better housing conditions increase the quality of life Healthy housing is a shelter that supports a state of complete physical, mental, and social well-being.
It does so by providing shelter from the elements and facilitating comfortable temperatures, adequate sanitation and illumination, sufficient space, safe fuel or connection to electricity, and protection from pollutants, injury hazards, mold and pests.
Sustainable buildings improve the resilience of cities Making cities safe and sustainable means ensuring access to safe and affordable housing, and upgrading slum settlements.
Sustainable building design, climatic and cultural adequacy of housing can improve the impact of housing in the urban environment, on climate change, and city resilience.
This road map discusses not only the demand and supply side but also the significant economic benefits of affordable housing in Bangladesh.
Also read: A Comprehensive Study on the Real Estate Sector of Bangladesh
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