40,000 HOUSES GALORE IN $1BN DEALTHE Zambia Union of Government and Allied Workers (UG) has signed a Memorandum of Understanding (MoU) with a housing developer, for the construction of 40, 000 houses for civil servants, at a cost of US$1.4 billion.UG President Muyaywa Kabisa said the 40, 000 housing units will be offered to its members under a rent to buy facility.Mr Kabisa noted that construction of the 40, 000 housing units across the country will commence in April 2022, with the first batch of 5, 000 earmarked for Chipata and Lusaka.He said the housing project will take 10 years to complete and that UG members will occupy the houses as tenants, with their monthly rentals going towards ownership of the houses over an agreed period.Mr Kabisa was speaking at the signing ceremony of the MoU with Collins Mutual Limited for the development of affordable housing for the union members.He said UG is committed to working with other partners […]
40,000 HOUSES GALORE IN $1BN DEAL
