

Zambia
Sector
Construction & Materials
Property
Tourism & Leisure

Project: Lake Kariba Waterfront Development
Location: Lake Kariba
Summary: The project entails the development of tourist and leisure facilities on 22 000 hectares of prime waterfront land. Proposed facilities include fixed and floating hotels, lodges, bush camps, golf estates; residential, entertainment and retail facilities, medical facility, marina and airport. |
Investment cost: $701-million - comprising of a grant of $350-million, a loan of $331-million and $20-million contingent provision. The rights granted in terms of the lease over land have been estimated at $55-million, which can also be used as collateral.
Return on investment: 41%.
Investment structure: Joint venture
For further details contact Florence Mumba, director: Investment
Promotion and Privatisation
Zambia Development Agency
Email: fmumba@zda.org.zm



