Business

‘Take advantage of Link Zambia 8000’

TRYNESS MBALE, Lusaka
GOVERNMENT has urged property developers to take advantage of the Link Zambia 8,000 project to invest in the construction sector and in turn create employment.
Minister of Transport, Communication, Works and Supply Yamfwa Mukanga said the implementation of the project is as a backbone for development in the country because it has opened up areas which were not accessible.
Mr Mukanga said at the First National Bank launch of the Zambia International Property Expo 2015 yesterday that Government is doing all it can to ensure it creates a conducive environment for investment.
“Government through the ministry has been putting up a very big project, the Link Zambia 8000; it is a massive project which will enable us have about 8,000 kilometres of road. Now this road network in urban areas will link areas and the major towns in the country.
“As we do all these things it will be like a back bone for future development, property owners need to take advantage to ensure that they plan and put up structures at various points,” he said.
He said Government is encouraging property development in the country to transform Zambia because if there is decent infrastructure, the cost of doing business will be reduced.
Earlier, FNB head of home loans Jane Mwila said the bank considers property and real estate market as one of the most important areas which it has been offering financing for both individual customers and commercial entities.
The Expo is scheduled for next month and will showcase the Zambian property market and provide a platform for developers, suppliers, transporters, banks, financiers, Government agencies, real estate agents as well as building contractors to demonstrate their wares and unveil new products.




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