EPISODE 4: How does investment into the new Kenneth Kaunda International Airport affect the Real Estate of the local area?
On this week’s episode of the Friday Property Clinic, we are joined by Bryan Mushota from SEEFF. He shares some insight into the likely economic effects that the new Kenneth Kaunda International Airport will have on the local area. The estimated investment in the airport expansion is $360m, is expected to be completed by 2019. Passenger handling capacity is expected to increase to six million. Bryan discusses how the airport expansion will influence the expansion of the area as a whole and how the investment will lead to a proliferation of:
- Shopping malls
- Industrial Parks (MFEZ areas) and
- Residential Areas