African Real Estate Summit pres: Exclusive interview with the City of Lusaka
“The vision for Lusaka is to become an ECHO Garden City that stands for Economically Strong, Environmental Friendly and Community Hope and Opportunity”
Exclusive interview with the City of Lusaka – an official participating, featured city at the upcoming African Real Estate Summit in Cape Town from 2-3 November.
1. Why is the City of Lusaka participating at the African Real Estate Summit?
Lusaka City Council still has a long way in the path of developing her infrastructure, that being the case she is participating at the African Real Estate Summit so as to publicise the opportunities that are available for investment to the potential investors.
2. What urban developments and/or infrastructure projects will be showcased at the African Real Estate Summit?
1. Chibolya Urban Renewal
2. Grade Separation Junction improvement
3. Dual Central Business District Development
4. Industrial Parks Development
3. What role can the private sector take to aid the development of commercial and residential real estate in Lusaka?
4. What have been the most challenging aspects that prospective real estate investors, developers and corporate tenants should be aware of when considering Lusaka?
Lack of freely available land, almost all the land is occupied and therefore resettlement of people occupying the earmarked land becomes a factor.
5. What is your vision for the future city of Lusaka?
An ECHO Garden City that stands for Economically strong, Environmental Friendly and Community Hope and Opportunity, by providing a world class and competitive business and living environment by the year 2030.
6. What are you most looking forward to at the African Real Estate Summit?
Linking up with potential investors and securing commitments.
7. What is City of Lusaka’s message to the international investors, developers and corporate tenants attending the African Real Estate Summit?
Lusaka City is a very friendly and peaceful city with a good investment climate. Investors can rest assured of getting returns on their investment.
8. Anything you would like to add?
The city is the capital city of Zambia, a country that harbours 40% of surface water in the southern sub region and Zambia is the second most peaceful country on the continent.
The African Real Estate and Infrastructure Summit, in partnership with United Cities and Local Governments Association Africa (UCLG-A) and WESGRO, will take place at the CTICC in Cape Town on 2-3 November 2016. The summit sees leading African cities showcase their urban development plans and discuss the challenges and opportunities of their urbanisation. The event format is conference and exhibition, continuing under the theme “Developing Future Cities”.
Visit, African Real Estate Summit, to find out more.
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