TRYNESS TEMBO
Lusaka
GOVERNMENT has so far signed public-private partnership (PPP) agreements worth US$2 billion since the establishment of the Public Private Partnership Council (PPPC) as it enters into three more concession agreements for infrastructure development.
The three agreements are the Chirundu border and auxiliary infrastructure, Kimiswalo border and road and Mulungushi University student accommodation and supporting infrastructure.
Minister of Commerce, Trade and Industry Chipoka Mulenga said the milestone reflects a deliberate, strategic and methodical approach by Government to accelerate infrastructure development and stimulate economic growth through private sector participation.
Speaking at the signing ceremony of concession agreements for key strategic infrastructure projects, Mr Mulenga said the PPP model has become a critical instrument in driving national development without overburdening the Treasury.
He said Government remains committed to creating an enabling environment for private sector investment, noting that the agreements signed demonstrate confidence in Zambia’s economic prospects and the strength of its investment framework.
“We have not had an easy path, but this has been a strategic, methodical process of careful planning and execution to ensure we achieve what we are witnessing today for the benefit of current and future generations,” he said…https://enews.daily-mail.co.zm/welcome/home
