In a move set to transform the national housing landscape, the National Housing Authority (NHA) and Ongos Valley Development (Pty) Limited of Namibia have signed a Memorandum of Agreement (MoA) to develop 10,000 mixed-use property units across Zambia. The signing ceremony, held in Lusaka, was graced by Prof. Albert Malama, Permanent Secretary for Infrastructure, Housing and Urban Development.
The MoA represents a major milestone in Zambia’s efforts to address the country’s housing deficit and promote affordable, quality housing. Under the agreement, Ongos Valley Development will lead the project through a public-private partnership model, mobilizing financing, constructing residential and commercial units, and delivering essential bulk infrastructure, including water, sewerage, and power.
The project is expected to generate thousands of jobs, stimulate economic activity, and provide long-term security for families. By combining residential and commercial developments, it will support the creation of vibrant, self-sustaining communities while contributing to overall national development.
Officials highlighted that the project aligns with Zambia’s broader development priorities, including the Eighth National Development Plan and Vision 2030, both of which emphasize infrastructure growth and inclusive human settlements. The initiative demonstrates a clear commitment to building resilient communities that meet the needs of urban and peri-urban populations.
Managing Director of Ongos Valley Development expressed confidence that the company’s expertise and commitment to excellence would deliver sustainable, high-quality communities. The project aims to set a new benchmark for mixed-use development in Zambia, combining modern infrastructure, accessible services, and community-centered design.
The agreement underscores the importance of cross-border collaboration and public-private partnerships in accelerating infrastructure development. Observers note that the project could have far-reaching socio-economic benefits, including employment creation, business opportunities, and improved living conditions for thousands of Zambians.