GOVERNMENT has allocated K10 million towards the construction of a modern intercity bus station in Kabwe which is expected to gobble K22 million.
KMC had initially set aside K12 million for the construction of a bus station in Tushane area, opposite Mulungushi Textiles and Kabwe Mall before the Ministry of Local Government contributed K10 million towards the project.
Kabwe Town Clerk Ronald Daka said the procurement process has been concluded and a contractor will soon be selected.
“We had a budget of K12 million. The ministry has given us addition support as contribution in construction of the new facility,” Mr Daka said in an interview yesterday.
Mr Daka, who recently updated a full council meeting on the project, said the facility will be managed under a special purpose vehicle (SPV) once completed.
Mr Daka said an equity partner will also be brought on board because KMC wants the facility to operate as a viable business venture.
He said it is important that councillors and other stakeholders in Kabwe support the project and the eventual management of the bus station.
“This is going to be a cash cow for Kabwe council because we will be making K600,000 to K700, 000 every month,” Mr Daka said.
He said the equity partner will promote private sector participation and efficient management.
they constructed a bus station in Livingstone to date it is still not operational !
I can construct 2 much more superior bus stations at that price. Over priced, as usual.
More money in government pockets !
“This is going to be a cash cow for Kabwe council because we will be making K600,000 to K700, 000 every month,” Mr Daka said.
This is a Public official talking like a Kaponya…does he know that some of costs are passed on to shop owners and passengers. I hope this company they want to partner is not another Chine firm.
Jay jay ….you know as soon as you start reading that the mmd/pf regime and its appointees will be looking with narrow eyes…….straight to a chinese contractor
Scratching in the wrong areas, they should have fixed the famous KMB in Kitwe first
Kabwe Municipal Council should have fixed the KMB in Kitwe first? Are you out of your mind? Maybe you should be engaging the Kitwe City Council over that.
Another Chinese contract and more brown envelopes for ECL, KZ and AC.
Well done TC. This is good news that should excite well meaning and development-minded Zambians not those with ichikonko.
KMB next!
Mentality of Africans leaves me bewildered! UPND always sees negativity! Who told you every time development comes then the money goes in the pockets of the president? You never even talk about the one who pocketed the money from privatization! HH.