9.5 C
Alba Iulia
Saturday, August 15, 2020

Africa Development Bank to roll out mega projects in four key areas of Zambia

Economy Africa Development Bank to roll out mega projects in four key areas...

Africa Development Bank (ADB) Country Manager Mary Manneko Monyau with Minister of National Development Planning Alexander Chiteme
Africa Development Bank (ADB) Country Manager Mary Manneko Monyau with Minister of National Development Planning Alexander Chiteme

Africa Development Bank (ADB) Country Manager Mary Manneko Monyau yesterday underscored that the Bank intends to roll out mega projects in four key areas of Zambia. The areas include expansion of the Mpulungu Harbour, development of the Lusuwishi Farming Block, stimulation and scale up of Water Resources Management Projects and institutional support towards fiscal consolidation.

The ADB Country Manager explained this during a courtesy call made on the Minister of National Development Planning Alexander Chiteme. Ms Monyau further reiterated that feasibility studies are already on course for these sectors and once concluded appropriate implementation activities shall be funded in accordance with the findings.

Ms Monyau stated that Zambia is a very important partner as it is the largest investment portfolio for the Bank in Southern Africa.

And speaking during the meeting, Minister of National Development Planning Alexander Chiteme explained that “his Ministry being among the first to be visited by the Country Manager after she submitted her credentials shows how much the Bank values the close collaboration with the Ministry.” The Minister recognised that “ADB efforts currently stand at US$1 billion covering 26 operations in different sectors of the country.”

The Minister welcomed the proposed projects adding that the Mpulungu Harbour and institutional support are key towards the economic stabilisation programme that has already started yielding positive results.

Ms Monyau and Hon. Alexander Chiteme agreed to a stronger open policy partnership that shall help Zambia increase its project implementation and financial absorption capacity.
The leaders are expected to hold a joint Monitoring and project enhancement visit on Cashew Nut Production in Western Province next month.

Africa Development Bank (ADB) Country Manager Mary Manneko Monyau with Minister of National Development Planning Alexander Chiteme
Africa Development Bank (ADB) Country Manager Mary Manneko Monyau with Minister of National Development Planning Alexander Chiteme

Africa Development Bank (ADB) Country Manager Mary Manneko Monyau
Africa Development Bank (ADB) Country Manager Mary Manneko Monyau

Africa Development Bank (ADB) Country Manager Mary Manneko Monyau with Minister of National Development Planning Alexander Chiteme
Africa Development Bank (ADB) Country Manager Mary Manneko Monyau with Minister of National Development Planning Alexander Chiteme

11 COMMENTS

  1. these very critical projects that needs the support and involvement of all serious loving Zambians , but i would like to ask our friends in Government to see how best they can help us

  2. We are all very expectant of these projects but let’s ensure we bring them to implementation immediately for example the C400 means a lot to the people of Copperbelt and must start this April 2018 as pronounced by President Lungu without delay.

  3. The minister said “shows how much the Bank values the close collaboration with the Ministry.” The Minister recognised that“ADB efforts currently stand at US$1 billion covering 26 operations in different sectors of the country.”
    Oh my!!! Is this all the minister says? There is no contribution at all. It is just regurgitating information that is already open source, that anyone could say as conversation in Soweto market. The minister’s information means nothing.
    Better: “We recognize the economic co-operation between Zambia and ADB, and we are ready to strengthen technical co-operation for projects underway and proposed. We are always working on policies that inform or shape project impact as part of our national effort towards improving the lot of our people”
    Compare that to…

    • to the minister’s language that is dry. You could see the lady’s body language is mildly dismissive of what the minister is saying.
      The minister’s language is kaponyaish and PF-Cadreishp. My suggested language is more professional and technical. Oh wasted years, Zambia! When will Edgar Chakolwa Lungu exit? Zambia deserves better that unpolished PF Cadres.

Comments are closed.

- Advertisement -
Loading...
- Advertisement -

Latest News

Chamanga Questions Newcomers Zeal For The Big Stage

Former Zambia striker James Chamanga has charged that the current crop of players lack the ambition to play for...

East DC Condemned for Stopping a Recorded UPND Paid Program on PASME FM Radio in Petauke

Media bodies in Zambia have condemned Petauke District Commissioner Velenasi Moyo for illegally ordering the closure of privately owned PASME radio station. Mr. Moyo in...

Zambia Medical Association to launch own investigation into UTH incident of man ranting at Doctors

The Zambia Medical Association has launched its own investigation into a video circulating online purportedly showing a patient disparaging Medical Officers at the University...

Stop Attacks on Archbishop Telesphore Mpundu, Bill 10 Advocates told

The Civil Society Constitution Agenda (CiSCA) has cautioned the youth calling themselves Bill 10 Advocates to stop harassing Archbishop Telesphore Mpundu or any other...

Finance Minister calls for Routine Maintenance of Roads

Finance Minister Bwalya Ng’andu has called on the Road Development Agency -RDA and National Road Fund Agency -NRFA- to adopt a culture of carrying...

More Articles In This Category