Categories: Editor's Picks

8 industrial yards completed, awaits commissioning by Govt

• CEEC is mobilizing funds to ensure that the remaining five industrial yards out of the eight become operational.
• Out of the eight industrial yards the commission has constructed across three industrial yards are operational.
• Small and Medium Enterprises and Entrepreneurs to apply for vacancies in these industrial yards once they are commissioned.

Citizens Economic Empowerment Commission (CEEC) has revealed that it is mobilizing funds to ensure that the remaining five industrial yards out of the eight become operational.
Speaking in an interview with Money FM News, Commission Public Relations Officer and Communications Manager Michelo Mukata said out of the eight industrial yards the commission has constructed across the country, only the Mongu, Kasama, and Chipata industrial yards are operational.
Mr. Mukata explained that although the 8 industrial yards have been completed and await commissioning by Government.
“The Commission is proud to announce the completion of the construction process of eight industrial yards in Kafue, Chipata, Mongu, Ndola, Kitwe, Solwezi, Mansa, and Kasama districts,” he said.
He added that there is a significant amount of Money that Government has allocated to CEEC for empowerment which partly will be disbursed to Small and Medium Enterprise who will be operating in the yards for them to be fully operational.
Mr. Mukata however called on various Small and Medium Enterprises (SMEs) and Entrepreneurs to apply for vacancies in these industrial yards once they are commissioned.
The Eight industrial yards which are in Kafue, Chipata, Mongu, Ndola, Kitwe, Solwezi, Mansa, and Kasama districts are meant to meet the goal of enhancing Small and Medium Enterprises (SMEs) competitiveness in the large manufacturing sub-sectors of metal fabrication.

More From Author

World Bank urges Zambia to capture other benefits beyond mining sector

• World Bank is committed to supporting African countries to translate Africa’s mineral wealth into…

Read More

Kwacha gains should benefit consumers – BuyZed

• This is to ensure that consumers begin to enjoy what is produced locally.• Manufactures…

Read More

SEC attributes decline in Q4 bond trades to delayed debt restructuring process

• One of the challenges is to do with the delays in finalizing the debt…

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

ActionAid continues to advocate for improved taxation systems in Zambia

Since Independence, the country has been having challenges in terms of how to properly tax…

Read More

Indo Zambia Bank disburses K64 million under SAFF

Indo Zambia Bank has been actively involved in promoting sustainable agriculture through the credit facility.…

Read More

IZB receives positive Credit Rating, as Bank’s total asset base grows to K18.2 billion

AA- rating signifies that investors can have confidence in the Bank, making it an attractive…

Read More