Source: Govt in $100m roads rehab deal – DailyNews Live
Farayi Machamire 1 June 2017
HARARE – Government has struck a $100 million deal with banks to
rehabilitate the country’s damaged roads, Transport minister Jorum Gumbo
has said.
This comes as rampaging floods, which injured 128 people and displaced at
least 1 985, washed away several bridges and roads in major highways in
southern parts of Zimbabwe.
“$14,5 million has been disbursed so far by the Finance ministry,” Gumbo
told the Daily News on Monday.
“The second disbursement is expected in the next few weeks once all
formalities for mobilising the money from the market are finalised,” he
said.
The funds – mobilised with the assistance of Zinara and the Treasury – are
set to be channelled to urban and rural district councils, and other road
departments.
Gumbo said in the meantime, government has been conducting emergency works
on the country’s roads.
He said Manicaland Province’s Stapleford and Honde Valley roads’ washed
away sections have been fixed and are now open to traffic.
On-going projects include Chikwizi Bridge repairs along Mutare-Masvingo
road, which is now 65 percent complete.
Repair works at Murare Bridge along Mutare-Masvingo road is now at 80
percent complete.
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