Ouagadougou: The Directorate General of the Treasury and Public Accounting (DGTCP), through the Insurance Directorate, organized a workshop in Ouagadougou aimed at identifying the obstacles hindering the development of construction insurance and proposing concrete solutions to strengthen its application and effectiveness in Burkina Faso.According to Burkina Information Agency, Deputy Director General of the Treasury and State Accounting, Kadiatou Oulla/Paré, emphasized that the workshop provides a framework for dialogue to identify the challenges facing construction insurance and develop realistic strategies to enhance its application. She highlighted the strategic importance of the building and public works sector in the economic and social transformation of the country, noting that it supports urbanization, investment, and job creation.Oulla/Paré pointed out the numerous risks that accompany this dynamic, which can affect project owners, companies, workers, and users. Incidents such as construction coll apses, defects, site accidents, or various disasters can lead to significant losses and undermine confidence in the sector. She noted that control missions in the field reveal several shortcomings, including low subscription to compulsory insurance, lack of legal awareness, insufficient documentation, and difficulties in applying regulatory texts effectively.The official explained that these issues weaken professionals, increase financial losses, and undermine the credibility of the construction chain. She stressed the importance of viewing construction insurance as a genuine mechanism for protecting investments rather than merely an administrative formality, as it protects investors, improves claim management, and establishes trust essential for sector development.Furthermore, Oulla/Paré emphasized that construction insurance acts as an economic driver by reassuring financial partners, encouraging investment, and contributing to mobilizing long-term resources. Despite government efforts to strengthen the legal framework, its effectiveness relies on the commitment of all stakeholders. Participants were invited to share experiences and formulate recommendations for improving risk management in line with national infrastructure modernization goals.Adama Ouédraogo, the representative of the president of the special delegation of the Chamber of Commerce and Industry of Burkina Faso (CCI-BF), reiterated the construction sector's role as an economic growth engine but acknowledged the significant risks it faces. He affirmed that construction insurance is crucial for protecting businesses from financial disaster consequences, reassuring investors, and enhancing the business climate's attractiveness. Ouédraogo welcomed the workshop's initiative to bring together various stakeholders to improve risk management and secure investments, expressing confidence that the discussions would yield recommendations tailored to national realities and support the sustainable development of Burkinabe businesses.