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Friday, December 13, 2024
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The Millennium Challenge Corporation (MCC) has selected Zambia for a second Compact worth US$450 million.

This was announced during a private meeting between President Hakainde Hichilema and the MCC Chief Executive Officer, Alice Albright, at State House on Monday.

The US$450 million deal will focus on the construction of the Chipata-Lundazi-Old Magodi Road to improve connectivity and boost agriculture in Eastern Zambia.

President Hichilema stressed the need for fast project implementation and expressed hope for a quick agreement signing.

HE also said Zambia’s ties with the USA will reinforce socio-economic development and infrastructure projects in the country.

President Hichilema praised the MCC’s first Compact, which improved water supply and sanitation to enhance the country’s public health.

Main Image : Lusaka Times

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