Zambia

Zambia
The Republic of Zambia

Zambia Development Agency (ZDA)
Tel : +260 211 220177 / 223859 | Fax : (+260) 211 225 270
www.zda.org.zm | zda@zda.org.zm

Zambia National Building Society

Project Description The proposed developments involve the development and redevelopment of Society House, Central Arcade and Cha Cha Cha House to provide additional parking, office and business space in the Central Business District (CBD) of Lusaka and providing to link the three buildings. The development primarily envisaged from the need to rehabilitate Society House which was gutted by fire in September 1997
Geographical Location Lusaka, Central Business District, Cairo Road
Objectives
  • Increased lettable space to approximately 20,000 sq. m., resulting in an increase in annual revenue from approximately USD 600,000 to approximately USD 4.3 million
  • Incorporate parking, approximately 1,000 slots thus decongesting the CBD
Project Size 2.0638 Hectares, Estimated cost of USD 45 million
Proposed Procurement Process Submission of expression of interest to the responsible agents
Project Documentation Status Business plan for development and redevelopment of the project
Proposed Financing Structure Use an SPV model, specifically created for this project, concerned assets to be transferred to investment vehicle for duration of the project.
Contact Mrs. Noriana Muneku
Managing Director
3rd Floor Century House
PO Box 30420, Cairo Road
Lusaka, Zambia, Central Africa
Tel: +260 1 229191
Fax: +260 225510
Email : noriana.muneku@znbs.co.zm

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