By ANDREW PHIRI? –
THE Livingstone Chamber of Commerce and Industry (LCCI) has been elated by the imminent construction of the Kazungula Bridge, saying the move will increase revenue for the country.
LCCI president Miles Daka said the signing of the construction works by Zambia and Botswana last week entailed that there would be economic boom in Kazungula and the two nations.
Speaking yesterday, Mr Daka said Kazungula would be a preferred investment destination now.
He said there would be an increase and speedy flow of traffic which might result in the country tripling its revenue collection at the border post.
“The benefits of the Kazungula Bridge once constructed are huge for Zambia. We are going to see an increase and speedy flow of traffic in and out of the country,” he said.
Mr Daka hoped the construction would start soon so that it could be completed by 2018 as planned.
Last week, the Governments of Zambia and Botswana officially launched the long-awaited commencement of construction works for the US$259.3 million Kazungula Bridge. Zambia’s Vice-President Guy Scott and Botswana Vice-President Ponatshego Kedikilwe officiated at the groundbreaking ceremony on the Botswana side of the Kazungula Border.