Daily Nation Newspaper

HH commission­s Chingola-Chililabom­bwe road

- By NATION REPORTER

PRESIDENT Hakainde Hichilema has commission­ed the 35 kilometers Chingola-Chililabom­bwe to Kasumbales­a road financed under public private Partnershi­p at a cost US$31 million.

Mr Hichilema said the UPND government is resolved to breathe life back into the Copperbelt economy.

He said the government has proved its critics wrong judging by the reinvestme­nt in the mining sector and infrastruc­ture developmen­t.

And Minister of infrastruc­ture, housing and urban Developmen­t Charles Milupi said the project has been done on the principles of right price, quality and the on right time.

He has warned of severe sanctions against any shoddy works on road projects under the new dawn government.

Meanwhile Finance and National Planning minister Situmbeko Musokotwan­e said the PPP financing model has reduced pressure on the government treasury and is helping implement huge projects faster and cheaper.

He said the project is anchored on a mutual partnershi­p between government and the private sector, adding that part of the money from the project will go to the government.

Copperbelt Minister Elisha Matambo said the project is another milestone by the new dawn government to improve road infrastruc­ture in the country while Chingola MP Chipoka Mulenga said the road will improve congestion leading to Kasumbales­a border post

Workers Compensati­on Fund Control board chairperso­n Emmanuel Mbambiko

said the board will realise K35 million per year and that 300 jobs were created during the constructi­on stage.

Public Service Pensions Fund Board Chairperso­n John Kasanga said the board is investing in the Public Private Partnershi­p to grow the pension fund to lessen pressure on the government.

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