Zambia has awarded a Chinese firm a $1.2bn contract to expand part of a key road linking Zambia to the Democratic Republic of Congo (DRC) and southern African neighbours, President Edgar Lungu said on Friday. China Jiangxi Corporation for International Economic and Technical Co-operation (CJIC) will build the 321km Lusaka-Ndola dual carriageway over four years, Lungu said during the launch.
Zambia is Africa’s second biggest copper producer and Ndola is the capital of the nation’s copper-belt region. Chinese investment in Zambia already includes roads, agriculture, mining and energy projects such as a 750MW hydro-power station in the south of the country. –Business Day/