Friday, March 29, 2024

Chinese firm to process manganese in Kabwe

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SUPERDEAL Investment Limited, a Chinese firm, is set to establish a large-scale kiln in Kabwe at a cost of more than US$2 million.

Company chief executive officer, Luobin Bin Luo said in an interview in Kabwe that the furnace in the Central Province town would enable them process raw manganese ore in Zambia unlike exporting it in its raw form.

Mr Luobin, who was speaking through an interpreter Belinda Jiang, said the development would contribute to the growth of the economy by adding value to manganese.

He said the development of the kiln would create about 400 employment opportunities for the local people.

“We have a huge investment in Zambia and our plans are to put up a large furnace besides the plant we have,” he said.

Mr Luobin said many people would learn techniques that they could not acquire from school.

“This investment will not only create employment opportunities but also
contribute to the revenue base of this country,” he said.

Mr Luobin was optimistic that once the furnace was set up, it would raise the profile of Kabwe due to increased investment.

“We have already presented our investment plans to the Zambia Development Agency and our intention to construct a furnace right here in Kabwe which will boost our production.

“Right now there is little activity at our plant because of non availability of the raw materials,” he said.

7 COMMENTS

  1. This is a welcome development by the chinese but so so long as they do not exploit our brothers and sisters and do their business activities transparently! Kabwe is in a sorry state. A lot of young people are just hanging around bars and roaming the streets @ least job creation will mitigate the situation. I was born and raised in Kabwe and I remember how properous the town was even as a kid in the 80’s. The mine,Kiffco and railways raised the image of the town but nowadays, I feel like crying when I see what has become of the once industrious towns in Zambia!

  2. This will bring more resources to Kabwe and create Jobs for the locals for sure not only that the company will also give business to the Railways as they will transport the cargo to Durban and Dar-es-salaam.

  3. People of God I don’t trust the chinese treatment at work, yestaday they threw 3 Ivorians in the atlantic ocean in ghana water ports. I am afraid they may mistreat our brothers there and they like cheap labour. these guys they like bringing even casio workers from china and 400 employment they are talking about majority will be just sweeping and guarding the place. say no to chinese investments

  4. Why cant he partner with a Zambian?.This type of investment where foreigners have a 100% ownership is rubbish.This is why KK had established banks like the DBZ and Lima Bank where Citizens would go and borrow money and establish Industries,to empower the citizens.These Chinese will finnish all of our minerals and run away to their countries.Lets wake up,Guys!

  5. It all depends on the government.First of all if the government want foreigners to partner with locals that can work too. That’s how they do it in Dubai, no negotiations. Then Chinese investment is good. I think this is very welcome i come from Kabwe too. NOW what is bad is not the Chinese they are not the ones to blame, the ones to blame is government for not putting in good labour laws. If you look at Chinese investment even in countries like Australia its good, why? the labour laws are good no one complains about the Chinese. they only fear Selling China all the mines and so they protect certain companies from being bought by Chinese.What they fear is be ruled by Chinese in the future.SEE west Australian News paper files online.So BLAME GOVERNMENT not Chinese bad treatment of…

  6. Now let Zambians partner with them in that industry ,that is the only true investiment we will have in Zambia,

  7. These Chocholis, remember communist mentality, you work for the government, that`s why they pay peanuts and by the way, they are terrible mafyas.

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