Government has assured Kabwe residents that it is making joint efforts with the Chinese government to re-open the Zambia-China Mulungushi Textiles joint venture (ZCMT) which was closed due to under-capitalisation.
Mr Kunda said on March 27 at a public rally that the construction of schools, health centres and other infrastructure and the implementation of other economic policies is intended to make Zambia a better country.
“The future of this country (Zambia) is assured under the leadership of President Banda and this is why he should be re-elected this year,” Mr Kunda said.
Mr Kunda said the economy of Zambia is being well managed and this has led to the country producing more food. He said a lot of farmers are now fully participating in the management of the economy through agriculture.
He also said “Government has this year put K1.3 trillion in the pockets of farmers who have sold their maize to the Food Reserve Agency”.
The Vice-President said the ruling party attaches importance to education and that is why it has allocated K57 billion to transform Nkrumah College of Education into a university and provided K60 billion for the development of Mulungushi University into the country’s third public university.
Government has this year put K1.3 trillion in the pockets of farmers who have sold their maize to the Food Reserve Agency
On the possible re-opening of the ZCMT which was closed in 2008, Mr Kunda said every effort was being made to re-open the textile plant.
Mr Kunda said ZCMT will soon be re-opened because Government is aware that the company employed many people in Kabwe.
“We have engaged the Chinese government through the Ministry of Defence and the Ministry of Commerce to provide funds,” he said.
He said the equipment at the closed textile company needs to be overhauled before the company can start operating.
[Zambia Daily Mail]