Good Governance Zambia – GGOZA – has observed that the priority by the Lungu administration to deliver infrastructure development is a catalyst in the attainment of a prosperous middle-income country by 2030 and economic prosperity.
In an interview earlier today, GGOZA National Coordinator Rodney Katongo said setting the country on the right path involves making tough and, sometimes, unpopular decisions as has been done by President Lungu since 2015.
“With a little more actions on managing of the current economic woes, largely exacerbated by the COVID pandemic, the Lungu administration remains well-positioned to rise the country’s credit ratings and unprecedented investor interest,” said Mr. Katongo.
GGOZA says President Lungu must ensure sectors such as agriculture, mining, tourism, and manufacturing contribute towards accelerating development and transforming the lives of Zambians.
Mr. Katongo said recent activities around infrastructure development which has modernised the country’s infrastructure require the effective participation of both small-scale enterprises and foreign investors if these programmes are to continue have a significant and lasting impact.
“The government must continue to implement the private-public partnership model as an important instrument for bridging the infrastructure gap across all sectors of the economy,” advised Mr Katongo.
He said certain sectors such as agriculture, tourism that need a buildup will only thrive if Government continues to invest in good roads, airports, railway and water transport.
“What President Lungu has done in the last few years in opening up these areas for possible investment is a pointer the Zambian economy will rapidly grow over the next three years,” said Mr. Katongo.
Mr. Katongo has counseled the administration to never lose its focus on positively transform their lives of majority poor people in rural Zambia.
“It was very unattractive to remove incentives such as subsidies for electricity but economists even from IMF would tell you that Government would not attract enough investment in the energy sector if it failed to take such a bold step,” said Mr Katongo.
He said attracting investment in the energy sector will not only grow the economy but would also create more jobs.