NAPSA key in infrastructure development

THE National Pension Scheme Authority (NAPSA) plays a critical role in mobilizing savings for the economy and thereby making significant contribution to the Country’s infrastructure development agenda says NAPSA acting director general Mr Yollard Kachinda.

Mr Kachinda who was speaking during the Christmas Lighting ceremony at Levy junction park said investments such as Levy business park mall were only viable in a vibrant and growing economy such as Zambia.

He said Levy Park was part of the NAPSA investment portfolio aimed at enhancing the value of member’s funds.

‘’Investments such as Levy junction business park are only viable in a vibrant and growing economy such as Zambia’’ he said. He said NAPSA’s primary objective was to preserve members contributions and ensure a reasonable return on investment so that they retired and enjoyed reasonable lifestyle in their retirement.

The director said the park was a state of art facility which provided serene accommodation , a place to shop, work and eat from hence it was reflective of the desires and needs of the modern day Zambian consumer.

He explained that the authority would soon complete the Society Business Park located in the central business district on Cairo Road which would be yet another world class development.

‘’You may also wish to know that the authority will soon complete the Society Business Park located in the central business district on Cairo Road, this is yet another world class mixed use development which will house a hotel, retail shops, offices and a multi- deck car park with a capacity of 800 vehicles’’ he said.

Categorized | Business

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