President Edgar Lungu is today expected in Chibombo District to launch the construction of the first ever Multi Facility Economic Zone in Central Province by China Jiangxi United Industrial Investment.
Central Province Permanent Secretary Chanda Kabwe tells Money FM News that the Industrial Park located opposite Farm Store along the Great North Road is a US$300 million project which will accommodate various industries including motor vehicle and generator assembling plants.
Mr. Kabwe says the project becomes the major investment that has come as a result of the recently held Central Province Investment Forum and Expo which attracted more than 2,000 delegates.
Mr. Kabwe notes that many companies have expressed interest to invest in the province in the aftermath of the Expo in September this year.
“Apart from the Chibombo project, the Expo has seen a number of local and foreign investors expressing interest to invest in Luano, Chitambo and Ngabwe. All is set for the groundbreaking ceremony; we’ve started seeing the fruits of the Expo and I must say that this is just one of the many projects that might come to the province because of the Expo,” Mr. Kabwe said.