A study on the status of the Nitrogen Chemicals of Zambia -NCZ, has been concluded.
Agriculture Deputy Minister Allan Mbewe says once government concludes studying the report, a decision will be made on whether or not to sell NCZ.
And Mr Mbewe told Parliament Wednesday that the total assets of NCZ currently stand at K5.8 billion.
He added that evaluation of the Fertilizer plant has not been conducted since the plant was established.
NCZ is the country’s’ biggest fertiliser manufacturing plant and it is Located in Kafue district some 45 Kilometres south of Zambia’s capital Lusaka,
It used to manufacture explosives, Ammonium Nitrate, and Sulphuric Acid but most of the plant is now non operational.
[ ZNBC ]