Exchange of Notes Concerning the Grant Aid to the Republic of Zambia for the Project for Improvement of Ndola and Kitwe City Roads

August 28, 2009
Japanese

An exchange of notes between Japan and the Republic of Zambia concerning the grant aid of up to 2,692 million yen with a view to contribution to the implementation of the Project for Improvement of Ndola and Kitwe City Roads took place on August 28 (Fri) in Lusaka (local time: the same day), the capital of the Republic of Zambia. The signatories were H.E. Mr. Hideto Mitamura, Ambassador of Japan to the Republic of Zambia, and the Honourable Dr. Situmbeko Musokotwane, MP Minister of Finance and National Planning of Zambia.
This project provides the necessary funds to improve about 24 km of roads in total in Ndola and Kitwe City in Copperbelt Province, the center of the country’s mining industry, as well as for the maintenance of sidewalks and drainage channels. It is expected that this project will secure traffic safety, reduce transportation costs and time, bolster the competitiveness of the country’s manufactured products, and eventually contribute to invigorating the social and economic activities of Zambia.
Zambia is a democratic and politically stable country in Southern Africa and is also an important supplier to Japan of mineral resources including copper and cobalt. Japan announced in the Fourth Tokyo International Conference on African Development (TICAD IV) held in May 2008 that it would put its aid priority on infrastructure development, which is important in order to expand trade and investment between Japan and Africa, as a field towards which to supply aid. This project is an example of those efforts.

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The Republic of Zambia covers a land area of 75.261 million square kilometers, has a population of 11.92 million people, and a Gross National Income (GNI) per capita of 770 USD (World Bank, 2007).

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