President Edgar Lungu has said that Zambia will not be dragged into unnecessary economic squabbles with China by the West. President Lungu said that Zambia will remain neutral and will continue to enjoy the economic ties with both China and the Western world.
The Head of State said that he will continue to engage countries on better agreed terms of borrowing to develop the country.
The President has also clarified that Zambia is not in a debt crisis as suggested by some international media organisations.
The President further called on Zambians to ignore the negative propaganda aimed at damaging the country’s image.
The Head of State was speaking when he inspected various roads under construction in Lusaka.
And President Lungu said he is happy with the quality of roads being constructed under Lusaka 400 project.
The President said the roads will not only improve state of the capital city but will help to reduce congestion in the city.
Meanwhile Minister of Housing and Infrastructure Development Ronald Chitotela said 1.2 billion dollars out of the 2.6 billion dollars borrowed from China has been channeled to construction of roads.
Mr. Chitotela assured the Head of State that the contractors engaged to construct the roads are on course.
He said all projects are moving on well and will be handed over to government on scheduled time.
The Minister also refuted the story making rounds that The Kenneth Kaunda International Airport has been sold.
– Lusaka times