Zambia to build power lines for mines, cotton trade

were estimated to cost US$285 million, would start by June.
“These two 330 kV lines are expected to provide power to manganese mining projects and cotton (processors),” Mubemba said.
Mubemba said Zesco had already agreed the financing of the projects, which would supply the northern and eastern parts of the country, with the Industrial and Commercial Bank of China.
“We expect the contractor to start work by May-June this year and both projects should be completed within 18 months,” Mubemba said. — Reuters.

Related Posts

Economy: Growth signs visible

Martin Kadzere Senior Business Reporter ZIMBABWE has made significant progress towards achieving upper-middle-income status, with the country’s Gross National Income per capita growing by 84 percent since 2021, Finance, Economic…

Gold to shield Zim from Middle East conflict fallout: AfDB

Africa Moyo Deputy National Editor ZIMBABWE’S strong gold sector and broad resource base are expected to cushion the economy against the economic fallout from the escalating conflict in the Middle…

Leave a Reply

Your email address will not be published. Required fields are marked *

×