Sunday, June 23, 2024

German Bank Provides 3 million Euros for the Construction of a Modern Market in Monze

Share

The KFW Development Bank of Germany has set plans to construct a modern market in Monze District with a grant of about 3 Million Euros to provide adequate trading spaces for marketers.

Hamusonde market in Monze District has since been earmarked to benefit from a multi-million Euro infrastructure grant program by KFW development bank earmarked for five Districts in Southern Province.

This is contained in a press statement made available to the media by Monze Town Council Public Relations Officer Kanchele Kanchele.

Mr. Kanchele says a team of delegates from KWF toured some public infrastructure to appreciate some of the infrastructure which needed a facelift and that Hamusonde market was one of the major projects which has been earmarked to be worked on in support of the District Integrated Development Plan (IDP).

“The KFW Development Bank of Germany has set plans to construct a modern market in Monze District at about 3 Million Euros to provide adequate trading spaces for marketers. And Hamusonde market was chosen to be worked on into a modern market to provide more trading spaces for the burgeoning number of traders in the District,” stated Mr. Kanchele.

And in an interview with ZANIS Today, Monze Town Council Secretary Frank Kalenga said the local authority appreciates the gesture by KFW as the grant will go a long way in the rehabilitation of the biggest market in the District.

He observed that interest shown by KWF to build a modern market would significantly help to arrest the challenges of street vending which the local authority was grappling with.

“As a council we are ecstatic about these plans by KWF to modernize the Hamusonde market to cater for more traders and this will help us in arresting the challenges of street vending as more people would be accommodated in the new market,” said Mr. Kalenga.

He also said more investors have expressed interest to invest in retail business in the District adding this would help to catapult efforts to make turn the District into a municipal city.

Hamusonde Market chairperson. Mr Kenneth Mweene welcomed the plans by KWF to modernize the market saying this would enhance traders’ income and thus reduce poverty.

9 COMMENTS

  1. The truth this is very shameful to the zambians and its leadership, so our local councils can build a modern market we have to look for extainal hands to build us markets. as if its not shamful enough you even report it ku media eeeeeh

  2. Zambia is being sold right under our noses. Hh is here to finish off his privatisation goals and make more millions off the back of our resources. Did we not warn you? Ask hh where he keeps most of his money and how he got rich. No one knows.

    4
    4
    • SOLD WHERE YOU DULL CHAP. YOU WERE SELLING ZAMBIA TO CHINA JUST 2 YEARS AGO. JUST SIT DOWN 1D1OT.

      1
      3
    • Even when you are suffering you will continue to defend a f00Iish incompetent excuse of a president just because you are of the same tribe. Moon yellow yako

    • Even when you are suffering you will continue to defend a f00Iish incompetent excuse of a president just because you are of the same tribe. Eff you

      1
      1
  3. These gifts are not good for our nation, Zambia should not depend on handouts it is encouraging poverty in the land .
    We the indigenous Zambians must own and build our own , gifts don’t come free as you know they are always strings attached to them , don’t celebrate what is eating you up

    2
    1

Comments are closed.

Read more

Local News

Discover more from Lusaka Times-Zambia's Leading Online News Site - LusakaTimes.com

Subscribe now to keep reading and get access to the full archive.

Continue reading