Hazina Trade Centre opened for the general public towards the end of 2021, five years after the anticipated completion date. The National Social Security Fund (NSSF) is the principal owner of the 18-story Tower.
The first advertisements for the extended block spaces for occupancy were published by NSSF in local publications immediately after the facility was opened to the public. The center also includes three pre-existing floors that make up a shopping arcade with Naivas as the anchor tenant, while the remaining 15 floors are entirely offices.
The extension of Hazina Towers had been under construction since 2013, although it took more time to complete than the initial date set in 2016 due to a number of difficulties, including budgetary constraints and legal suits.
On costs associated with the construction work’s delay, NSSF disagreed with project contractor China Jiangxi. The Public Investments Committee (PIC) has also probed the project because of possible misappropriation of public funds.
Initially envisioned to be a high-rise 36-storey building, the Hazina Towers block that is currently standing is just about half of the dream.