Lusaka Government is still engaging investors on the options of investing in electric trains and hydro-power stations to sustain such operations, Minister of Transport, Works, Supply and Communications Yamfwa Mukanga has disclosed. Mukanga said in an interview that so far, investors from Italy and Japan have made inquiries on the possibility of investing in electric trains. He said Government alone cannot manage to invest in such a project because it involves a lot of resources.
“Investment which is involved is so big, you are not looking at a small amount. It’s not US$100 dollars, it’s beyond that,” he said.
Mr Mukanga said there is need for public private partnership (PPP), where Government contributes land and resources in terms of waterfalls, and the private sector or investors make a financial investment. The introduction of electric trains would ease transportation around the city.
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