Thursday, August 19, 2010

Zambia’s road construction to benefit SA retailers.

SA’s retail industry is one of the most likely sectors to benefit from an impending R262m road construction project in Zambia. The development of transportation infrastructure will stimulate trade within Zambia and between neighbouring countries, making the movement of goods and people easier.

Zambia shares borders with Tanzania, Malawi, Botswana, Angola, Mozambique, Zimbabwe and the Democratic Republic of Congo. This grant will open up Zambia’s western Mtwara and Nacala regional corridors, which link the country to neighbouring states .

The 850km Mtwara corridor connects Zamibia to Malawi, Mozambique and Tanzania, according to the Tanzania’s National Development Corporation.

http://www.directinvestment.biz

http://www.businessday.co.za/articles/Content.aspx?id=118408

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