KETRA KALUNGA writes
ABOUT US$150 million have been spent on the construction of tarred access roads at the US$ 600 million Multi-Facility Economic Zone (MFEZ) in Chibombo district, says Central Province Minister, Sydney Mushanga.
Mr Mushanga said works on the MFEZ, that sits on about 2, 000 hectares of land, was processing well with about eight workshops constructed so far.He said once completed, the Industrial park would have a copper smelting plant and attract foreign investors in tobacco processing which would ultimately lead to the empowerment of tobacco growers in the province.
The Central Province Minister was speaking recently when Minister of Information and Broadcasting Services, Dora Siliya asked about the investment potential in the province after the successful hosting of the Investment Expo in 2018 .
The provincial minister thanked the government under the Leadership of President Lungu for exposing the investment potential of the country through the hosting of the Investment Exposition.
“We want to thank His Excellency, the President of the Republic of Zambia for selling this country. He has done so well in terms of making the foreign nationals knowing what Zambia is capable of providing so I think he is being very helpful when it comes exposing some of the investment opportunities that we have in this country,” said Mr Mushanga.
He added that progress has been made on the US$ 150 million steel manufacturing plant in Chisamba district.
He said once operational, the plant would be able to transport exporting steal from Central province to other provinces and nearby countries in the SADC and COMESA region.
The provincial minister added that the manganese processing plant in Kapiri Mposhi district has attracted a total investment of about US$ 130 million. Mr Mushanga said land for a paprika project investment by a foreign investor has been secured and the provincial administration was in talks with the ministry of lands to finalize the procedure.
And Mr Mushanga said after the successful hosting of the Expo, Central province was finally twined with Henan province of China.
He said as the provincial administration, they were working on twinning the Central province with other countries in a bid to attract foreign direct investment that would lead to the creation of employment for people in the province. Mr Mushanga said this was in a bit to attract foreign direct investment which he said comes with the creation of employment for the local people.
“Our desire as provincial administration is that we twin the province not only with one province but with as many provinces as possible not only looking to the Chinese economy but also other economies,” said Mr Mushanga.

Leave a comment below.

Leave a Reply