A Chinese auto mobile manufacturing company is set to establish an assembly plant in Zambia to service the Southern African region.
Higer China’s top Bus manufacturing company which has an annual production of twenty two thousand buses wants to set up the plant to ease import pressure for the local firms.
Speaking during the launch of the Higer Brand in Zambia, Wu Ming King Long Motors Zambia Limited General Manager the main distributor of Higer Buses in the country says his country will be importing parts and assemble them in the country.
And speaking at the same occasion Chinese Embassy Charge de’ Affairs Liu Zhengje says Zambia has enjoyed good bilateral ties with China for almost ten years now.
Mr. Liu further highlights that China has about three hundred companies which have invested in various sectors of Zambia’s economy.
Meanwhile government is happy over the interest expressed by a Chinese firm to set up the auto mobile assembly plant in Zambia.
Officiating at the event Communications and Transport Permanent Secretary Dominic Sichinga said government is ready to provide land for the plant.
Mr. Sichinga further says the investment will promote economic development.
The communication Permanent Secretary revealed that about one thousand jobs are expected to be created.
He says the move also shows that the recorded economic development is wooing more investments into the country.