Thursday, May 16, 2024

Featured Video

Latest Stories

Top 10 Music

Upcoming Events

Blantyre City Heist

Sat, 18 May 2024 14:00:00 UTC @ Robin's Park - Madness Entertaiment Presents Blantyre City Heist on 18th May 2024. The event will take place ar Robin's Park in Blantyre and Charisma is the main act. There will be also other performi... More Info
Saturday Night Live With Driemo

Sat, 18 May 2024 20:00:00 UTC @ Mibawa Multipurpose Hall - Mibawa Tv and WSBET presents "Saturday night live with Driemo" on 18th May 2024 at Mibawa Multipurpose Hall in Blantyre. The event will have music performances by Driemo along side The... More Info

Government to spend K24 billion on the construction of the Kenyata and Mzimba

Minister of Transport Jacob Hara said government is expected to spend K24 billion on the construction of the Kenyata and Mzimba Street roads in Lilongwe following a review of projects cost due to the recent devaluation of Malawi.

Hara was saying this today during a tour to appreciate progress of the roads construction in the city.

He said government will spend K35 billion kwacha on the construction of Kenyata road whose initial cost was K19 billion kwacha.

“The construction of the Mzimba street will now cost K17 billion from the initial K9 billion, taking the total cost of the two projects to K52 billion from K28 billion.” Said Hara.

Hara concluded that this follows a review of the projects cost as a result of the 44 percent devaluation of kwacha which resulted into an increase in the prices of construction materials. He however expressed hope that the final products will be of high quality.

Engineer Paul Kulemeka consultant for the two projects, has assured the Minister that both projects will be complete by end of December this year.

 

 

Subscribe to our Youtube Channel:

Related Posts

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Popular Articles