Chibamba Kanyama calls for transparency in the awarding of contracts by PPP


Economist Chibamba Kanyama has called for transparency in the awarding of contracts by the Public Private Partnership Council of Ministers

Mr. Chibamba Kanyama says the Council of Ministers must ensure that those awarded contracts not only have the capacity to undertake such massive projects, but are credible entities that may not pose challenges in the future including reputation risks.

Kanyama notes that the Technical team that President Hichilema has put together is robust enough to bring economic value that is required to deepen the integrity of what government wants to implement and achieve with regards to rolling out investments in infrastructure in the country.

He states that the infrastructure investments the country witnessed in the previous government were largely from borrowed money which he says should not have been the case.

Mr Kanyama notes that the country’s economy is constrained in terms of capacity to finance most of the government priorities.

ENDS..

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