THE establishment of an industrial park in Chembe, Luapula Province, has helped attract foreign investors in the district who are setting up business enterprises that are creating job opportunities for the local people, district commissioner Mumba Mushitu has said.
The Zambia Development Agency (ZDA) has established an industrial park in Chembe on 5,000 hectares of land.
Mr Mushitu said a number of investors have shown willingness to invest in the industrial park, which has already been serviced.
He said so far, a sugar plantation has been established in the industrial park, creating more than 200 jobs for the local people.
“So far, our economic zone is doing very well. We have received numerous business proposals from investors that are planning to set up enterprises in the economic zone,” Mr Mushitu said.
He said other investors are willing to set up banking institutions, filling stations and cassava plantations, which will transform the lives of the people in Chembe.
Mr Mushitu said Edson Power Company of South Africa also plans to establish a solar plant with capacity to generate more than 600 megawatts of power.
He said other investors have shown interest in establishing farms to take advantage of the Luapula River, to grow crops throughout the year.
Mr Mushitu said Chembe residents are happy with the investments taking place in the district, owing to the sound policies that government is implementing in various sectors of the economy.