Business

Govt to call on private sector

CONSTRUCTION works at Kenneth Kaunda International Airport are progressing well. The new terminal building and other auxiliary infrastructure will cost government over US$350 million. The new regional hub is expected to be completed by 2019. PICTURE: MACKSON WASAMUNU

NANCY MWAPE, Lusaka
GOVERNMENT, with the support from the World Bank, is assessing the possibility of converting debt from the rehabilitation and upgrading of international airports into the hands of the private sector through public-private partnerships (PPPs).
PPPs are a long-term contractual agreement between a government entity and a private partner with the ultimate purpose of providing a public asset or service.
Currently, Government is upgrading Kenneth Kaunda International Airport (KKIA) in Lusaka and Ndola airport, and CLICK TO READ MORE


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