Selection and Procurement of Financiers and Contractors for the Batoka Gorge Hydro Power Scheme will be transparent
By Chileshe Kandeta MoF www.mof.gov.zm The investor conference on development of the Batoka Gorge Hydro Electric Project recently co-hosted by Zambia and Zimbabwe on 30 March 2017 was over-subscribed in terms of attendance and interest, Finance Minister Felix Mutati has said. “The conference was organized to market the project to potential financiers and investors following the preliminary feasibility study by Ernst and Young,” he said and added that, “through the event, the two Governments managed to stimulate initial indications of interest from financers and investors who would like to finance the estimated US$4 billion project.” During the conference, the Governments...