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Northern Province Minister LEONARD MBAO says pricing on government funded road projects must be regulated.

Mr. MBAO says the exaggerated cost on some of the on-going projects, is causing a strain on the treasury.

He said this when he inspected some selected road projects in Mporokoso District funded by the Ministry of Local Government and Rural Development.

Mr. MBAO said a number of projects have stalled due to lack of funds as a result of high prices.

He said government wants to ensure all capital projects are undertaken based on three key factors namely; correct price, quality and time.

The Provincial Minister said government will consider engaging contractors to renegotiate the cost of some projects.

Mr. MBAO said it is high time Zambians realized value for money on developmental projects.

And Mporokoso Town Council Secretary COLLINS NDILEMA informed the minister that the local authority is concerned over the reluctance by contractors to meet their obligations.

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