Busted: How Aid Money was Invested in Housing Enclaves and Shopping Centres

In 2014, Guardian revealed that British anti-poverty aid money was spent for gated communities, shopping centres and luxury property in poor countries.

CDC, the little-known investment arm of the British aid programme, has invested more than $260m (£154m) in 44 property and construction companies in Latin America, Africa and Asia.

At least 20 of these are hotels, shopping centres or companies that build or manage gated communities and luxury property, according to Guardian research.

CDC, formerly the Commonwealth Development Corporation, says these investments will create thousands of jobs for poor people in construction and services. But leading British NGOs questioned how supporting upmarket property could be an acceptable use of UK aid money. (Guardian)

Some examples CDC was invested in are taking attention with luxury lifestyles they offer (below):

A glossy brochure for Garden City in Nairobi, which includes 400-plus flats and townhouses, boasts: “From the aquamarine water of the heated swimming pool to the ultra-modern fitted kitchen, solid bamboo flooring and glass balcony balustrades, quality is the defining characteristic of the Garden City Village.”

A brochure for Azuri, a development for the CDC-backed Indian Ocean Real Estate Company, invites would-be residents to “Close your eyes and imagine yourself breathing in the warm Indian ocean breeze, absorbing all that the Mauritian lifestyle has to offer.”

Azuri offers “exquisite, high-quality living” with an expansive oceanfront resort, five-star hotel, yacht club and spa – “the ideal living environment to promote both bodily and spiritual happiness”.

In Nigeria investments also include two Protea hotels – part of a chain recently bought by Marriott International – including one in Lagos at which rooms booked online start at $400 a night.(Guardian)

I wonder what happened since 2014. I don’t think much has changed since the excuse is to create jobs with luxury investment. This also shows the approach to working class people: people who have nothing to do but serve the rich and accept this as a good thing to do. The framing is so obvious and hideous: we create jobs for them with our luxury lifestyles, so they should be grateful for us to live like that! Shame on you!

This is not the only case, though. TOKI-Housing Administration in Turkey-, for example, claim that by constructing luxury housing enclaves for upper-middle income groups, they are able to build affordable housing for the poor. So, the poor should be grateful to TOKI by construction houses for the rich.

Thank you, thank you sir, case closed.

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