430 cheap houses planned for Chilanga, Nyimba

ABOUT 430 low and medium cost housing units in Chilanga and Nyimba Districts will be built within this year by the Zambia National Building Society (ZNBS), under the Chilanga and Nyimba Housing Projects.

N S public relations and mar eting of cer, handa

Mubanga, said the society was targeting to build 150 and 288 units in Nyimba and Chilanga, respectively.

The developers, Mr Chanda said, the society had already

identi ed a developer for the pro ect.

Mr Mubanga, in an interview, explained that the developer would work with local contractors and it would increase economic activities in the country.

He said the developer for the two sites had been identi ed

through a procurement process that was conducted and has already been concluded.

“I know we have been talking about this for the past three

years but we have made signi cant progress in this area we

should be having a ground breaking ceremony soon to kick off the construction of housing units in two areas,” he said.

Mr Mubanga said ZNBS

would nance off-ta ers

with mortgage while the

developer would nance

the project.

He said ZNBS had written to many local authorities to request for land for the project and so far only Nyimba and Chilanga had responded.

“You are aware that ZBNS embarked on a housing project that is going to have an approach of the public private partnership model which involves different stakeholders coming in to deliver an affordable house to a Zambian in a low to medium income bracket,” he said.

He said ZNBS was promoting industrialisation by putting up infrastructures which was an industrial activity.

I know we have been talking about this for the past three years but we ha e ma e si nificant progress in this area; we should be having a ground rea in ceremony soon to ic off the construction of housing units in two areas,” — Mr Mubanga.