Opportunity To Invest In Hospitality Industry, A Growing Niche in Zambia

Opportunity To Invest In Hospitality Industry, A Growing Niche in Zambia

Commercial plot on sale,”river frontage”
Size:7.4 hectares
Location:beach side samfya-luapula province,Zambia
Purpose -(proposed) tourist hotel construction
Price: U$ 325,000-negociable
Mode of payment cash or wire transfer with OFX

Additional Information

Electricity near by 1,3km
Morden lodges 3 big ones with small guest houses…about 6.
5,2km from tarred Road ..but gravel road as standard to the plot.
For more info -you can get on www.zambiatourismboard.org.zm about samfya or lake bangweulu.

According to The United Nations World Tourism Organization (UNWTO), Zambia is among three countries that are experiencing the fastest growing tourism sectors in the world. Zambia shares the top three with Namibia in Africa and China in Asia, which is the largest outbound market in the world and whose visitor exports grew from CNY 321 billion (USD 50 billion) in 2013 to CNY 374.3 billion (USD 59 billion) in 2014, and that is expected to grow by 2.2% in 2015 and to keep a growth of 5.5% per annum in the period 2016-2025 to reach the CNY 655.5 billion (USD 103 billion).

“Zambia’s wilderness is characterised by the vastness of unexploited areas, such as the rift valleys of the Luangwa and Zambezi Rivers and their escarpments; mountain highlands, such as the Nyika and Mafinga; vast wetlands in the Bangweulu, Kafue and Zambezi flood plains; and the fact that most wilderness occurs in protected areas, showing the real parts of natural Africa”.

Tourism map with courtesy of Zambia Invest.com

The government has also started rehabilitation of infrastructure such as airports, roads and communication facilities. A phased approach is being used to invest in Northern Circuit as it is a huge project and resources are limited. The government is also working towards developing Kasaba Bay Tourism project that includes Sumbu National Park, parts of Tondwa and Kaputa Game Management areas, Iyendew valley and Sumbu Township. The government is also investing extensively and effectively in marketing strategy to create awareness and demand of tourism opportunity in Zambia.

With this background information presented herewith, there is potential opportunity to set your foot in Samfya as a good destination for future yield!

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