WORLD Chinese investors praised for establishing economic zone in central Zambia


Chinese investors praised for establishing economic zone in central Zambia


21:42, June 18, 2021

LUSAKA, June 18 (Xinhua) -- Zambian Vice-President Inonge Wina has commended Chinese investors for the establishment of a multifacility economic zone in Chibombo district, a town in the central part of the country.

Aerial photo taken on Nov. 21, 2018 shows the ground breaking ceremony of Jiangxi Multi-Facility Economic Zone in Chibombo district, Zambia. (Xinhua/Wang Chao)

The Zambian vice-president said Thursday the establishment of the economic zone by Jiangxi United Industrial Investment Limited would go a long way in boosting the manufacturing industry in the district and in the creation of jobs.

In remarks delivered when she toured the multifacility economic zone, the Zambian vice-president also said the project was a testimony to the growing cooperation between the two countries.

While thanking the investors for their commitment to doing the project since the groundbreaking ceremony in 2019, the vice president said the project was a true actualization of the government's industrialization agenda and the investment will also trigger investment in other sectors in the district as such as housing development, apart from creating jobs.

"The government is impressed with the speed of the project and its focus in creating manufacturing plants," she said.

The Zambian Cabinet last year formally approved the establishment of the multifacility economic zone, which covers around 600 hectares of land. Enditem

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue