Zambia to get US$1.2bn highway from China
Work has commenced on construction of a strategic road project that connects the southern and central parts of the country to the mining towns in the Copperbelt province of Zambia.
The contractor is China Jiangxi Corporation for International Economic and Technical Cooperation (CJIC), and the cost of the project is US$ 1.2 billion and based on a loan from the Exim Bank of China, with a construction period of 4 years.
The project will improve traffic to and from the Democratic Republic of Congo (DRC) and other countries in region, and provide employment for some 3,000 local people.
