Project Implementation Timeline
Milestones Achieved & Projected Targets
Milestone |
Date Completed / Projected |
• Property re-zoned to commercial status |
September 2001 |
• Freedom Park bid process |
March 2005 - December 2005 |
• MOU signed with Kitwe City Council (KCC) |
12 January 2006 |
• PGE granted title to property |
September 2006 |
• Final Addendum to MOU negotiated with KCC |
February 2007 |
• Environmental Impact Assessment (EIA) process |
November 2006 - February 2008 |
• EIA Scoping Meeting |
22 May 2007 |
• EIA Final Submission |
February 2008 |
• Final formal EIA approval from the Environment Council of Zambia |
17 July 2008 |
• Investment License granted by the Zambia Development Agency |
November 200 |
• Approval from equity partner (ZSIPTF) |
November 2009 |
• Initial disbursement from ZSIPTF |
December 2009 |
• Began Shopping Mall Construction |
December 2009 |
• Secured US$10 million dollar facility with BBZ |
December 2010 |
• Secured private funding to continue works |
April 2012 |
• Targeted completion & opening for trading |
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