Recent Posts
Connect with:
Thursday / May 9.
HomeCompaniesUS$72 million Long Acres mall nears completion as Alick Nkhata road re-opens

US$72 million Long Acres mall nears completion as Alick Nkhata road re-opens

The Alick Nkhata Road, which was partially closed, to pave way for the construction of the US$72 million Long acres Mall, Flyover Bridge, has officially re-opened to the public creating smooth flow of traffic and business to the local residents and motorists.

The construction of the flyover bridge was aimed at easing traffic congestion on Alick Nkhata Road, following the construction of the Longacres Mall.

Speaking at the official opening on 3 December 2019, attended by Zambian Business Times – ZBT, Lusaka Deputy Mayor Christopher Shakafuswa, said the opening of the flyover bridge will help in decongesting traffic of vehicles, using the Alick Nkhata Road.

Shakafuswa added that the putting up of the Flyover Bridge and shopping mall is a clear demonstration by the public service pension funds – PSPF funds being put to good use, the deputy Mayor said.

And PSPF board chairman Bernaby Mulenga disclosed that the construction of the shopping mall is at 96 percent, office block is at 99 percent, entertainment block 71 percent, while the hotel stands at 26 percent completetion points.

The PSPF Chairman further assured the Lusaka residents and the media who was present at the event that, the Board and management of PSPF is working on various investment initiatives, aimed at using member’s contributions prudently.

PSPF had indicated that international hotel group, Radison would be the investor to occupy the hotel but efforts to get confirmation were still underway by press time, looking at the fact that the hotel seems to be at her least level of development.