AFRICA
star Holiday Inn hotel, conferencing, office space,
a retail mall and a 1 100 car parking garage. The
building will have 8 000 square metres of retail space
coupled with 6 000 square metres of office space,
putting it right at the pulse of the city centre.
She says in Lusaka, the development of Roma Park
is underway and looks to establish a new blueprint
for economic, social and infrastructure growth in
Zambia. At project maturity, the development will
exceed US $100 million in investments. Launched
in 2011, the 217 acre development is a mixeduse development that encompasses residential,
commercial and industrial properties, including a
shopping centre, big-box retail space, restaurant and
conferencing facilities, warehousing, manufacturing
and office space.
“This growth in the real estate sector is not restricted
to the capital city. There is significant investment
going into the North-Western Province which will see
approximately 3 500 new residential units developed
as investors such as First Quantum Minerals invest
further into their mining operations in the province.
With many projects either under construction or still
being planned, annual copper production is estimated
to reach 1.5 million tonnes within the next four years.
Projects in the formative stage include Konkola Deep
Mine, Mindola Synchlinorium, the Chambishi South
ore body, and the US$1-billion Kalumbila Mine run
by First Quantum Minerals. Others are Lumwana and
Chambishi mines and the Kansanshi Copper Smelter.
These investments will spill into the development of
retail, commercial and industrial real estate as the
province looks to provide a self-sustained economy
for its population. “There is likely to be inc ????)????????????????????????????????
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