By ANDREW MULENGA –
THE Economics Association of Zambia (EAZ) has urged the government to continue employing innovative ways of financing the road sector to reduce the current gap of about K9 billion.
There is need to reduce costs, increase efficiency and improve management systems to reduce the huge road sector financing gap caused by climate change.
EAZ member, Antony Mwanaumo said the government should continue with the innovative financing modes like the Public Private Partnerships (PPPs) and tollgate systems.
“The Government can also bridge the financing gap by efficiently utilising sustainable road financing models such as Public Private Partnerships (PPPs), road tolls and bonds as well as Special Purpose Vehicles (SPVs),” he said.