Tue, 22 Aug 2017 10:49:10 +0000 …to enhance infrastructure development By Bennie Mundando THE Zambian Government is in the process of creating financing instruments which will facilitate enhanced participation of the private sector in infrastructure development, Finance Minister Felix Mutati has observed. Meanwhile, South Africa and Zambia have expressed mutual interest to collaborate in tax administration, treasury management, revenue collection, trade and revenue leakage prevention, staff exchange programmes, and investment in the north-south corridor from Kasumbalesa-Chililabombwe to South Africa. Addressing delegates and investors at the on-going Africa Infrastructure Financing Forum in Johannesburg, South Africa yesterday, Mr. Mutati said one of Zambia’s top priorities was to mobilise public-private-sector investment for mega projects. He cited the planned Batoka Power Station between Zambia and Zimbabwe which is expected to produce 2,400 MW of hydro power and enhance developmental integration in the region as one of such projects that Government had prioritised. “Unless we have power to drive industrialisation, […]
STATE SEEKS PRIVATE SECTOR PARTICIPATION
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