Categories: Uncategorized

North Admin actualizing investment pledges

The Northern Province Administration says it is working on actualizing the investment pledges that they have received after successfully hosting the investment forum and expo in November, 2018.
The administration says it has received investment pledges worth over US$2.5 billion after last year’s Investment Expo.
Northern Province Permanent Secretary Elias Kamanga says the province has continued to receive massive investment in the province after the expo.
Speaking in an interview with Money FM News Mr. Kamanga says that a Chinese company from Liaoning Province in China has expressed interest in investing in the energy sector of the province.
Mr. Kamanga says that the company is specialized in the generation of energy from grass.
He says once opened the company will create thousands of jobs for the local people in the province.
Mr. Kamanga adds that the company will also create out grower schemes where they will be buying grass that will be processed into energy.
He adds that Kafue Sugar is another industry that has expressed interest in investing in the Kalulushi farming block as well as the Mpulungu harbor in the province.
He says the industry is also looking at venturing in other out grower schemes that can be promoted in the province.
He says a number of companies are still expressing interest in investing in several sectors of the economy in Northern Province.
He says the provincial administration is working tirelessly to ensure that investment pledges that were made by several investors are attained.

_________________________________________________________________

MONEY FM IS ZAMBIA’S FIRST AND ONLY BUSINESS & PERSONAL FINANCE RADIO STATION. WE FOCUS ON BUSINESS AND MONEY-RELATED TOPICS, AS WELL AS GENERAL NEWS AND DISCUSSION OF WIDER SOCIAL TOPICS SUCH AS HEALTH, EDUCATION, FOOD, MUSIC, FITNESS AND MORE.

_________________________________________________________________

More From Author

Marketing Like A Prostitute

Ndiili Kunda and Michael Mulusa have an interesting conversation on hands-on marketing with Edwin Ngwane…

Read More

Future-Proofing Your Business Building

News of the Abyssal Wonders discovery has reverberated throughout the scientific community, sparking intense interest…

Read More

Car Enthusiast’s Dream: Exploring High-Performance Models

News of the Abyssal Wonders discovery has reverberated throughout the scientific community, sparking intense interest…

Read More

Leave a Reply

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

You May Also Like

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

Task Force seizes 10,050 litres of illegal fuel worth K300, 000

• 22 people were arrested for offences related to illegal fuel dealings. • Illegal fuel…

Read More

The Ultimate Guide to Choosing the Right Glasses Frames

News of the Abyssal Wonders discovery has reverberated throughout the scientific community, sparking intense interest…

Read More