Friday, March 29, 2024

Levy praises OPEC, World Bank

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President Mwanawasa has praised the Oil Producing and Exporting Countries (OPEC) and the World Bank for aiding Zambia in her quest to foster development.

President Mwanawasa revealed that OPEC had committed a total of K28 billion towards
the rehabilitation of the Luanshya/Kafulafuta Road that he was commissioning
yesterday.

He said the supplementary K4.5 billion was a commitment demonstrated by World Bank.

Mr Mwanawasa said the two multilateral Institutions should be praised for
facilitating the successful achievement of the important milestone in the road
sector investment programme that government had initiated.

He said the Luanshya/Kafulafuta road would be an important by-pass for travelers not
intending to pass through Ndola form Kitwe to Lusaka.

The President said the road would save time because there would be no need to
negotiate round abouts and robots of Ndola when the intention was to go to Lusaka
straight from Kitwe.

He also said the swift movement of goods and services would foster development in
the mining towns of Luanshya, Kitwe, Chingola, chililabombwe and onwards to the
Democratic Republic of the Congo.

Mr MWanawasa said the road would be a by-pass for heavy trucks that were headed
north which did not need to pass through Ndola.

He added that the road was a good link for vehicles to the Democratic Republic of
the Congo in the north and south bound vehicles to neighbouring countries.

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