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Invest in Lake Kariba tourism facility
Thu, 15 Apr 2010 10:00


Region
Zambia

Sector
Construction & Materials
Property
Tourism & Leisure

Summary:
The Lake Kariba Waterfront Development entails the development of tourist and leisure facilities on 22 000 hectares of prime waterfront land.
Contact
Florence Mumba

Email
fmumba@zda.org.zm

Tel
Tel: +260 211 220177


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

 

 

 

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