The Zambia Medical Association (ZMA) has signed a Memorandum of Understanding (MoU) with Collins Mutual Limited, a housing developer, to construct houses for medical doctors.
Collins Mutual Chief Executive Officer (CEO), Conrad Gomani, said the housing units will be offered to ZMA members and other government workers under a rent-to-own facility.
Mr. Gomani said at the signing ceremony of the MoU that Collins Mutual Limited will build 40,000 housing units at a cost of US$1.9 billion across the country in 10 years. He revealed that out of the 40,000 housing units, over 300 houses will be offered to ZMA.
He explained that the construction of the first batch of houses will commence by the end of March 2022 in Chipata, Lusaka and Choma and thereafter, the project will be rolled out to the rest of the country. Mr. Gomani further said the housing project will take 10 years to complete.
He said the ZMA members will occupy the houses as tenants and their monthly rentals will be going towards ownership of the units over an agreed period of time.
He said his company is committed to collaborate with other stakeholders in improving the living conditions of ZMA members and other workers in the country who are largely spending a lot of money on rentals.
And ZMA Vice President, Patricia Shinondo, said the most important thing in life is to look into the welfare of members through housing units, a thing she said motivates every human being.
Dr. Shinondo said the rent to own facility is a powerful initiative that Collins Mutual has come up with.
Great initiative while the upnd relevant ministry is sleeping on duty and dreaming about pf
Lungu had started a very good housing programs for Civil Servants. The police , Army, immigration, and prisons housing has been improved greatly.
Nice beautiful houses for Men and women in Uniform. Welldone Honorable Kampyongo.
London- You say Lazy Lungu had good housing programmes for police but you forget to mention that these cheap houses were built on credit using Chink companies at grossly inflated rates which your children will pay and you are here thanking them.
I have seen countless of these social housing MOUs over the last 15 years and none of them has ever materialised…these developers just want cheap commercial land to build shopping malls and expensive flats
Very good initiative. Thats wat kasanshi mines did in solwezi as well and it worked well. Rent to own.