Minister of Local Government Vincent Mwale has refuted online media reports that government has sold the market to the Chinese.
He said the gutted marketed will be reconstructed by a mining firm.
And Mr. Mwale says construction of the modern market at the open trading area next to Soweto market has reached 40 percent.
He was responding to a question raised by the Nangoma Member of parliament Boyd Hamusonde who wanted to find out whether government has any plans to construct a modern market at the open trading area situated next to Soweto market.
Mr Mwale added that his ministry is working with the Disaster Management and Mitigation Unit is funding the construction of the market.
The minister has further said the donations to the construction of the modern market still stand at 21 million of which government has given 20 million Kwacha for the construction of markets.