THE Lusaka-Ndola road which was highly regarded as a 327 kilometers waivy death trap stretch will finally have a facelift as President Hakainde Hichilema announces the construction and rehabilitation project into a Dual Carriageway.
The dual carriage way is being upgraded through a Public Private Partnership (PPP) framework between government and Macro Ocean Investment Consortium (MOIC-LN) Limited.
The project will cost US$ 649, 976,167 with the breakdown as follows; US$ 577,383,758 total cost of construction, US$ 1 million working capital, US$1,849,500 finance cost and US$69,742,909 interest during the construction period.
President Hichilema shared an update on his official Facebook page yesterday.
“Today marks a significant milestone as we witness the commencement of the Ndola-Lusaka dual carriageway project.”
“This is a testament to our commitment to improving transportation infrastructure in Zambia. We are determined to make our country a gateway for trade and commerce in the region. Together, we can achieve great things!” Said the Head of State.
The concession agreement will run for a period of twenty-five years, three years will be for construction and twenty-two years operations and maintenance.
Also included in the scope of works is the rehabilitation of 45 kilometres of the Luanshya-Fisenge-Masangano roads, the construction of Kabwe and Kapiri Mposhi bypasses, the construction of two weighbridges and the expansion of existing bridges.
Kalemba August 22, 2023
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