Categories: Business Editor's Picks

IDC applauds successful hosting of CP Expo

Industrial Development Corporation (IDC) Chief Executive Officer Mateyo Kaluba, has described the just ended Central Province Investment Forum and Expo as a success which provided the IDC a platform to highlight its investment agenda for the Province.

Mr. Kaluba said the four projects; Scaling-Up Solar, the revamping of Mulungushi Textiles, the new Kabwe Textiles and the Nansanga Farm block, which are earmarked for the province will help fulfill one of the Corporation’s mandate of industrializing the nation.

The IDC CEO said the IDC’s model of incorporating the out-grower schemes in its agriculture industrialisation agenda will help to change the landscape of the urban and rural areas through job creation and sustainable economic development.

He added that the IDC was looking to partner with investors who shared this vision.

“For all our projects, we are prepared to work with partners who have an appetite for long term investment. This will ensure inclusive growth for the people of central province and surrounding areas as well as broad based sustainable economic development well beyond the borders of the province. We are looking for partners in the agriculture space who are focused on value addition and infrastructure development in rural areas,” he said.

Mr Kaluba cited Nansanga farm block as one of the projects in Central province which had the potential to provide food security for the country, create employment opportunities and transform the rural areas.

He further appreciated the hard work of the Central Province Administration for taking leadership in promoting investment in the province and assured them IDC would deliver on its planned investments.

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