ESTHER MSETEKA, Mpulungu
THE African Development Bank (AfDB) is this June expected to start disbursing funds towards the modernisation of Mpulungu Harbour, Minister of Finance Felix Mutati has said.
The project, to be financed at over US$60 million, is envisaged to boost trade through improved water transport.
Mr Mutati said Government will accelerate completion of a feasibility study to ensure more revenue is realised.
He said the feasibility study is expected to be completed by the end of next month.
“This will enable Government, together with its cooperating partners, to begin the project financing process,” Mr Mutati said.
He said the modernisation of port infrastructure and equipment will help Zambia expand export earnings to ..http://epaper.daily-mail.co.zm/