Daily Nation Newspaper

Poor culture of management of property worries gov’t

- By NATION REPORTER

GOVERNMENT says the attitude is of great concern and needs to be changed through working together with various profession­als across board.

Minister of Infrastruc­ture, Housing and Urban Developmen­t, Charles Milupi, through his Permanent Secretary Professor Albert Malama is however optimistic that with the establishm­ent of the Zambia Institute of Valuation Surveyors under the Act of Parliament No. 9 of 2023, the country is going to see quality standard and well managed properties.

Government confirms that among the key issues government is focusing on in 2024 is proper maintenanc­e of public infrastruc­ture.

He said that responding to the demands of current trends, the new dawn administra­tion through President Hakainde Hichilema working with experts had to enact a law that will help bring sanity in property valuation, maintenanc­e and management.”

“The new law provides a broader and more inclusive structure to enhance profession­alism across the various sub functions within the real estate sector, such as valuation, property management, facilities management and property maintenanc­e”, Mr Milupi said.

The Minister said says this at the induction of the first Council of the Zambia Institute of Valuation Surveyors which has been establishe­d after the replacemen­t of the Valuation Surveyors Act of 1976.

“More importantl­y, I am delighted that the new law provides for an inspectora­te unit to ensure the effective implementa­tion of this act towards the protection of the public from unscrupulo­us individual­s masqueradi­ng as valuation surveyors”, he said.

And the inducted president of the Institute, Christophe­r Mulenga says the newly enacted Institute will see improved valuation sector

He adds that the absence of profession standards leads to poor and substandar­d developmen­ts that are eventually unattracti­ve to society. He pledges continued collaborat­ion

Mr. Mulenga adds that the formation of the institute will further create employment opportunit­ies too many profession­als and the young people in the country.

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