The African Development Bank Group (AfDB) has approved a US$193-million bank loan, along with a US$50-million loan from Africa Growing Together Fund (AGTF), to support the rehabilitation of the Chinsali-Nakonde road, a section of the North-South Corridor in Zambia, connecting Tanzania.
According to an AfDB statement, the project aims to reduce transport costs between northern Zambia and southern Tanzania.
The rehabilitation will include the reconstruction of the 210-km road between Chinsali and Nakonde; institutional support and capacity building; and resettlement and compensation.
The civil works component also covers social infrastructure that includes the rehabilitation of 50 kilometres of feeder roads, and construction of truck stops/rest stations at three locations to improve road safety and stimulate local trading opportunities.
The Chinsali-Nakonde road is a strategic national and regional road link that forms a section of both the North-South Corridor.
Zambia gets loan approval for corridor road upgrade
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