Construction begins on $94m Zambia stadium project
Chinese financial bailout has enabled project to go ahead after delays
A groundbreaking ceremony was held this week for a $94 million stadium in Zambia after a loan from China got the project back on track.
The Lusaka Stadium, which will have a capacity of 50,000, had stalled in its early stages until a Chinese bail-out enabled it to go ahead.
The contractor on the project, Shanghai Construction Group, estimates that the project will be completed in 30 months, and will be the largest arena in Zambia.
A statement from the the company said that the project ‘will enhance Africa-China relationships [and] serve as a new symbol for friendship between Zambia and China’
Funds from the loan are also destined to aid repair works to the existing Independence Stadium which has been out of operation for the last five years.
In the last five years Zambia national soccer team has been playing its home games at a sub-standard Konkola Stadium in Chililabombwe after the grand stand at Independence was demolished