Wednesday, May 8, 2024

Government to Establish industrial Park in Kabwe

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 ZDA Director General Patrick Chisanga
ZDA Director General Patrick Chisanga

GOVERNMENT plans to establish a Copper City Industrial Park in Kabwe aimed at adding value to copper.

Zambia Development Agency (ZDA) director general Patrick Chisanga said in an interview yesterday that Government has taken a policy decision to develop an industrial park in Kabwe for processing locally-produced copper into finished products.

He said the Copper City Industrial Park, which is expected to contribute to the growth of the economy and create jobs for local people will focus on processing copper into value added products as opposed to exporting it in raw form.

He said ZDA is committed to ensuring the policy decision Government has made yields the anticipated results so that the country can start producing more copper products.

“Government has taken a policy decision to develop an MFEZ around Kabwe which will focus on processing copper into value added products.

“I would like to encourage the private sector to begin to think of taking space in copper city to set up manufacturing industries. We want to see more value addition to copper. A lot of copper is exported in raw form, which is not good,” Mr Chisanga said.

He also urged Zambians to consider setting up businesses at Lusaka and Chambishi Multi-Facility Economic Zones (MFEZs).

Mr Chisanga said the MFEZs provide favourable platforms for business.

6 COMMENTS

  1. What kind of products… Making bullets? Wire Cables? We need plastic moulders for casing. We could make PCB’s

  2. This is what we been waiting for, for sure more money will be got from finished copper products other than exporting tonnes and tonnes of raw copper. atleast we are waking up now!

    • And where are you going to buy the copper cathodes when you don’t own mines? Think issues through there is a reason why it is exported.

  3. If I’m investor why should I go to Kabwe? what is the incentive? Why should I invest in copper? Who is going to buy my products? lets learn how to market.

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