President Mwanawasa has called for the revival and diversification of the mining sector in a bid to enhance the growth of the national economy and employment creation in the country.
Mr Mwanawasa says his administration will remain committed to creating a conducive
environment which will attract increased investment in the mining sector.
He was speaking at the ground breaking ceremony of the construction of the Munali
Nickel mine in Mazabuka today.
Mr Mwanawasa said the conducive mining environment created by his administration
since 2002 has resulted in increased foreign investment in Zambia and has also helped in employment creation for the local people.
He noted that his government has put the mining sector on its development agenda because of the role it plays in the economic development of the country.
President Mwanawasa pointed out that his government will strive to put in place prudent policies which will translate into increased investment in all the key sectors of the national economy.
He called on Mines and Minerals Development Minister Dr Kalombo Mwansa to step up
the ministry’s mining and gas geological exploration to attract more mining investors into the country.
Earlier, Mines and Minerals Development Minister Dr Kalombo Mwansa said the opening
up of the Munali Nickel Mining plant in Mazabuka district was a clear demonstration of the great importance the MMD government attaches to the mining sector.
Dr Mwansa said his ministry will continue putting in place policies that will attract increased investment in the mining sector and also contribute significantly to oil and gas exploration in Zambia.
Speaking at the same function, Southern Province Minister Joseph Mulyata commended
government for putting in place policies, which have translated into economic development of the province.
Mr Mulyata said the development projects initiated by the new deal administration
have helped to raise the people of southern province from the shackles of poverty.
And Albidon Zambia Limited Managing Director Dale Rodgers said his company will
invest US$100 million in the development of the Munali Nickel Mining Plant.
Rodgers pointed out that the US$100 million investment into the Munali Nickel Mining
Plant will result in employment creation as well as contribute positively to
sustainable development of Zambia.