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Investor ready to invest $560m into Kalungwishi hydro – The Mast Online - themastonline.com

Last updated Friday, November 12, 2021 07:24 ET , Source: NewsService

LUAPULA Hydro Power project chairman Mumena Mushinge Mumena says an investor is willing to invest US$560 million into the development of Kalungwishi Hydro power project at Kalungwishi waterfalls.

Meanwhile, chiefs Mabumba and Chisunka (in picture) of Luapula have urged the UPND government to facilitate the development of the Kalungwishi hydropower station.

Briefing chiefs who had gone to Samu lya Moomba, Mushinge expressed happiness that traditional leaders were in support of the Kalungwishi hydropower project.

“We are your children, we are indigenous Zambians who want to see development in this country. It is there even in the Bible that no foreigner will come and develop your land, you have to develop the land yourself,” he said. “Whoever is going to come from outside will come simply because they want to make money. For us we have been fighting to get this [Kalungwishi hydropower] project off the ground from 2012. From the time PF came in with president Michael Sata, we had a lot of ‘in and out of court’…we’ve had even taken government to court which I think is not necessary.”

Mushinge appealed to the new dawn administration to facilitate the project as Luapula was “dying for development”.

“We have a lot of things that are produced in Luapula. Most of the manganese in Zambia comes out of Luapula. We have high grade manganese in Luapula but it is processed elsewhere,” he said. “With new electric vehicles, with the whole…changing from using fossil fuel for motor vehicles...



Read Full Story: https://www.themastonline.com/2021/11/12/investor-ready-to-invest-560m-into-kalungwishi-hydro/

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