Economy

Framework to provide incentives for setting up service stations in rural areas coming

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Government says it will develop a framework which will provide incentives for private sector to develop service stations in rural areas.

This is meant to improve access to energy services in the rural areas, according to President Hakainde Hichilema when he launched the Puma Service Station in Luapula Province on Tuesday.

Hichilema said this in a speech by Energy Minister, Peter Kapala.

“Government will continue to leverage private sector financing in the energy sector in order to improve access to energy services in the rural areas, ” the President said.

Hichilema stated that one of the major drivers as of the administration was to transform Zambia by improving the lives of the citizens nationwide, saying development must be shared equitably amongst all.

Read more: Chikwanda claims govt’s energy reforms good but faults cumbersome approval processes

He said people living in rural areas must not be denied the fruits of development merely on account that they live far away from the city.

“I am also glad to note that in addition to access to petroleum products, the modular service station will also house a bank and a pharmacy. I wish to convey appreciation to Zanaco for partnering with puma energy in providing financial services for the people of Chifunabuli,” Hichilema said.

He said the investment that had been made by the oil marketing company was in line with the government’s aspirations to foster inclusive economic growth in rural areas.

Puma Energy Zambia Managing Director, Patricio Chababo, said the company believed in more than just providing petroleum products but also in energising the communities they had the privilege of serving.

Chababo said the company’s commitment to renewable energy was resolute, as it was embarking on a journey to roll out LPG across Zambia.

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