THE Link Zambia 8000 road infrastructure project will cost about US$31.42 billion, Minister of Commerce, Trade and Industry Robert Sichinga has said.
Mr Sichinga said the development and upgrading of transportation infrastructure through the Link Zambia 8000, Pave Zambia 2000 and the L-400 projects has increased local participation in economic activities.
Mr Sichinga said so far, works are underway to cover 2,260 km of roads valued at K10.7 billion under the Link Zambia 8000 project with the upgrading of border infrastructure at Nakonde and Katima Mulilo also taking shape.
He said this in a presentation to heads of parastatals and the media on the 2014 economic performance and selected indicators affecting the business environment in Lusaka yesterday.
He said that Government has completed some road works in Northern, Western and North-Western provinces.
“Similarly, the urban and feeder roads also need urgent attention. For example Lusaka’s L-400 project requires an investment of US$348 million to construct 408 km of paved roads, of which 87km has been completed,” he said.
Mr Sichinga said development is not an event which quickly passes but is an on-going process.
He said it is not possible for massive capital expenditure that the Patriotic Front (PF) Government is undertaking to be sourced from annual budgets.