The Government through the Road Development Agency (RDA) has signed a concession agreement to upgrade to bituminous standard the 111 kilometers Solwezi-Kipushi Road and upgrading Border infrastructure at Kipushi in North Western Province.
The signing ceremony took place yesterday at Yowela school in Kipush. The project cost is US$145,270,114.50 and the concessionaire is Borderway Capital Investments.
Infrastructure, Housing and Urban Development Minister, Hon. Eng. Charles Lubasi Milupi said the concession period is 25 years, 3 years is for construction and 22 years operation and maintenance.
Hon. Eng. Milupi said the Government under the leadership of President Hakainde Hichilema, placed a high premium on growing the economy at a faster rate and one of the major driver of Government’s economic growth agenda was trade.
“As a result, we have embarked on a deliberate policy of linking the country with our neighbouring countries through infrastructure development in order to facilitate trade. Our infrastructure agenda is anchored on harnessing our land-linked status as a country, through the development of critical trade corridors,” he said.
Finance and National Planning Minister, Hon. Dr. Situmbeko Musokotwane said the Solwezi-Kipushi Road was an important link that would contribute greatly to the country’s economic agenda once upgraded.
Source: RDA
