ZAMBIA & EGYPT SIGN MOU ON URBAN REDEVELOPMENT
The governments of Zambia and Egypt have signed over eight Memorandums of Understanding (MoUs) aimed at strengthening economic ties and fostering collaboration in various sectors, with a strong focus on urban redevelopment and infrastructure development in Zambia.
The MoUs, signed under the Ministry of Infrastructure, Housing, and Urban Development, are designed to enhance capacity building and skills development in urban planning. They also seek to promote investment opportunities and encourage private sector participation in urban development projects, ensuring sustainable growth and modernized infrastructure.
Speaking on the sidelines of bilateral talks, President Hakainde Hichilema highlighted the importance of these agreements in driving forward Zambia’s urban transformation agenda. He emphasized the need for swift implementation of the MoUs to accelerate progress and deliver tangible benefits to the people of Zambia.
In addition to the MoU signings, President Hichilema held a meeting with Arab contractors to discuss potential partnerships and further collaboration on key infrastructure projects.
These agreements mark a significant step towards strengthening the economic relationship between Zambia and Egypt, fostering mutual growth, and creating new opportunities for investment and development.
By Darius Choonya ,Cairo, Egypt
