GOVERNMENT says it is in the process of engaging various stakeholders and the international community to build one million houses along the line of rail and some rural parts of the country.
Minister of Local Government and Housing, Benny Tetamashimba, disclosed that Government has so far received offers from China, India and United Sates of America (USA) to build approximately one million houses across the country.
Mr Tetamashimba said in an interview that half of the houses would be sold on cash basis upon completion of construction while one quarter would be offered to Zambians for long-term payment while the other quarter would be rented out by the investor for a period of time before handing over the infrastructure to local authorities.
“We are receiving offers from China, India and USA to build houses. 55 per cent of these will be sold out-rightly while 25 per cent will be sold to people who can pay in 15 to 20 years while the investor will put the other 25 per cent on rent and hand them over to councils after some years. We believe that’s the way we can move out of the accommodation problem,” Mr Tetamashimba said.
He said Government will in the next three months engage residents in Lusaka’s illegal settlements such as Kuku townships in an effort to demolish them to pave way for more modern housing structures.
Mr Tetamashimba said a Chinese investor is willing to erect pre-fabricated houses with a life span of over 60 years. He said that this will alleviate the shortage of accommodation in Lusaka.
He said the investor is able to build hundreds of houses in a short time as five pre-fabricated housing can be erected each day.
H, however, said Government is yet to make concrete agreements with investors to meet the shortage of about one million houses across the country.
He said Solwezi is among towns with a huge accommodation demand triggered by a rapidly growing mining industry.
Meanwhile, Mr Tetamashimba has warned illegal estate agents against exploiting people seeking accommodation.
He has urged the illegal estate agents to register their companies.
[Zambia Daily Mail]