The European union (EU) has transferred K35 billion project funds to the Zambian Government to fund road rehabilitation in rural areas.
Delegation of the European Union in Zambia,Francesca Di Mauro, announced the development in a press release made available to ZANIS, today.
Ms. Di Mauro said that the EU has transferred an estimated five million Euros (approximately K35 billion) to the Treasury to finance the rehabilitation and maintenance of roads in rural areas.
She said the release of the money follows the memorandum of understanding between the European Union EU and the Zambian Government.
Ms.Mauro said the funds are a balance from the loan facility of the just ended mining sector diversification programme funded by the EU.
Head of the EU delegation in Zambia, Derek Fee said he was pleased that the money has been transferred to GRZ treasury Account.
Mr. Fee said the funds would be channeled through the National Road fund Agency (NRFA), and the Road Development Agency (RDA) who will suggest roads for rehabilitation or maintenance.
ZANIS/PC/ENDS/MM
Some roads in rural areas have reportedly become impassable due to heavy rains. Let NRFA and RDA utilise that tax payers money effectively and transparently..
@#1, Ooooops, was trying my grandmum’s name above… sorry…
#2 Thenjiwe. Thats funny. Coming to the aticle, this where one wonders why the agriculture ministry is given a lot of money. If you observe in their budget, they even include grading of feeder roads, which to my knowledge should been an activity for local authories under the local govt ministry. But having given RDA umuchanga is equally better. But in future budgets the agriculture ministry should cease to include amafiga (I do not means bokosi) for road grading. Just on the agric ministry’s misapplied activities, one would hope they do not even put budget for irrigation and grain storage facilities because even the two should be left to local authorities. That is how we could create…
What is used here as collateral?Am fed up with these tricks.
I hope the fund wont go in the MMD pockets
NRFA and RDA don’t use fake contractors
Another AID that will end up in shambles.