Parliament heard today that the construction of the Freedom Park Shopping Mall in Kitwe district on the Copperbelt province stalled because of alleged misunderstandings between the project owner and the financiers.
Local Government and Housing Deputy Minister Danny Chingimbu told parliament that the owners are Platinum Gold Equity who initially pumped in US$15 million in 2009 towards the project.
Mr. Chingimbu said government has since engaged the Kitwe City Council to find another strategic partner to carry on and complete project.
He disclosed that the new partners will be announced soon after consultations are concluded.
The Deputy Minister was responding to a question raised by Kwacha Patriotic Front (PF) Member of Parliament Boniface Mutale who wanted to find out why the construction of the Freedom Park Shopping Mall in Kitwe has stalled.
Mr. Mutale also wanted to know who the owners of the mall were, what the estimated cost of the project was and what the way forward for the project was.