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ZAF breaks new ground with PPP housing project

ZAMBIA Air Force Commander Lieutenant General Eric Chimese (centre) stressing a point to Minister of Finance Felix Mutati during a site tour of a US$1.4 billion modern satellite city in Lusaka’s Twin Palm area. PICTURE: STEVEN MVULA

STEVEN MVULA, Lusaka
PUBLIC Private Partnership (PPP) council chairperson Felix Mutati says Zambia Air Force (ZAF) has demonstrated that there can be economic growth without incurring debt.

Mr Mutati is impressed with ZAF’s innovative US$1.4 billion Twin Palm project under the name Kingsland City.
“Indeed today is a demonstration that the answer to development and job creation is not always debt. We need to look at innovative ways of financing development. Economic development now has to be financed using other innovations and not debt,” Mr Mutati said.http://epaper.daily-mail.co.zm/

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