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Copperbelt Energy Project pumps K4.7 billion

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The Copperbelt Energy Project has approved K4.7 billion for phase II of the Kabwe Community Water Supply Project as a follow up to phase I which was completed at a total cost of $ 1.6 million.

In a press statement to ZANIS today, CEP Communications Specialist Mumbuna Kufekisa said the supervision of phase II will be carried out internally by three engineers representing the Project, Kabwe Municipal Council and Lukanga Water and Sewerage Company as a cost saving measure.

Mr. Kufekisa said the water project will improve water supply in among other communities, Katondo, Chowa, Makululu and Mukandanyana for drinking purposes as well as health and hygiene of the communities.

And Mr. Mumbuna said CEP is to spend K630 million on the renovation of Ndola Council Library.

Mr. Mumbuna said the Chililabombwe Council Library is nearing completion adding that Chambeshi and Kalulushi will also benefit from the project whose total cost is estimated at over K1.7 billion.

He said the libraries will be fully rehabilitated and provided with reading materials on environmental mitigation efforts in former ZCCM mine areas as well as on other subjects for school children.

He added that the project also covers the renovation of Ndola Archives in Bwana Mkubwa area where ZCCM records are kept.

The CEP is a World Bank and Nordic Development Fund (NDF) funded project whose main aim is to take care of the environmental liabilities caused after the sale of the mines to private investors on the Copperbelt.

6 COMMENTS

  1. You are right Anonymous, it’s Environmental and not “Energy”. I dealt with them once in their Kitwe Riverside office.
    I am glad they project is bearing fruit.

  2. Oh no Lusaka Times,not again please,as a shareholder in Copperbelt Energy Company(CEC),
    i immidiately got attracted to this headline,hoping to get some investment news about my company,only for me to be left confused, some how Lusaka Times expects readers to decipher,guess or sieve through their mistakes and make sense of it, oh please!

    Imagine if we had a first world stock market,such careless mis/information can effect price movements,traders and investors would react to such,please take some extra seconds to reread your articles,and please cite your sources

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