On November 30th of 2017, ZEP-RE held a function to officially unveil the proposed office park investment in Lusaka, Zambia. The unveiling ceremony took place on the sidelines of the Company’s annual 2017 Board of Director’s meeting and alongside a cocktail in honour of the Zambian market at the Taj Pamodzi Hotel in Lusaka.
The ZEP-RE Office Park is a USD 18 million commercial office building located along the Alick Nhkata road in Lusaka, Zambia. The new office park is the Company’s second building investment, after the ZEP-RE Place, ZEP-RE’s current headquarters building in Nairobi, Kenya.
Having expressed gratitude to the Government of Zambia as an essential partner in ZEP-RE’s growth strategy as well as overall developmental activities; Ms. Hope Murera, Managing Director of the Company, indicated that the construction of the building demonstrates ZEP-RE’s trust and commitment towards the Government and insurance market of Zambia, both of which have been consistently supportive of ZEP-RE since its inception in 1992. The guest of honour at the ceremony, the Honourable Minister of Finance Mr. Felix Mutati, congratulated ZEP-RE on this important milestone and reiterated the government of Zambia’s commitment to support the activities of ZEP-RE.
The ZEP-RE Office Park, a 9 storey building, is expected to be completed and be ready for occupation in mid 2019.