President Edgar Lungu has commissioned the first ever China National Building Material (CNBM) – Zambia plant in Zambia and Africa.
ZANIS reports that the Head of State commended CNBM- Zambia for establishing their first project in the country and Africa at large.
President Lungu was speaking when he officially commissioned the CNBM-Zambia in Chongwe’s Mpande area today.
He said the company is estimated to invest over 500 million United State Dollars to be undertaken in two phases.
“The first phase which is being commissioned today has a total investment of 200 million United States dollars and consists of one million tones cement production line per year, a 60 million pan brick production line, a 200,000 cubic meters of premix concrete production line, 700,000 tonnes of aggregate production line and 280,000 manufactured sand capacity” the President said.
Mr. Lungu noted that the project has created over 400 direct jobs adding that once fully operational a further 2500 jobs for Zambians will be created.
The President urged the private sector to take advantage of the prevailing conducive business environment and venture into value addition in manufacturing.
He noted that venturing into value addition is the only way the country can create wealth, employment and increase foreign exchange.
President Lungu further reiterated government’s commitment to continue facilitating private sector participation in the country’s economy.
He said that he is confident that through value addition and industrialization, wealth and employment will be created for a sustainable development.
And CNBM Chief executive officer Lui Zhijiang said Zambia and china have enjoyed a warm cordial relationship of cooperation in socio economy.
Mr. Zhijiang added that he is optimistic that CNBM-Zambia will make a good reputation on the Zambian market adding that its products will be of high quality.
He noted that his industry will strive to integrate into local development and that the work skills and management capabilities of employees will be enhanced to efficiency.
Mr. Zhijing said his industry will enable local workers to improve their living standards and contribute to the development goals made by the Zambian government.
Meanwhile Senior Chieftainess Nkomeshya Mukamambo ll has urged CNBM management to consider giving jobs to the local people and Zambians at large.
Chieftainess Nkomeshya thanked the Chinese government for choosing Zambia and her chiefdom to be the first in Africa to have a multi-million dollar industry.
I’m 27. I have been around the world
This is all the work of President Lungu.
Please ensure you vote him in 2021.
Anything else is regressive.
Thanks
BB2014,2016
Why are we letting the Chinese make cement in Africa?
They will simply flood the market with cheap low quality cement.
This Lungu has no desire to promote local manufacturing.
We are simply killing ourselves (again) as Africans.
Meanwhile, when the sh1t does hit the fan, one day soon, Lungu will simply emigrate to Swazi or Uganda or Congo or Turkey…to any rogue country.
Did Ba Edgar vote for Saboi today?
Or he was busy with the Chinese?
THUMBS UP ONE ECL.
==================
2021 is getting positioned for you. Just remain in good health and chasten your team. Our votes next time will cut across political divide. With a weak opposition expect independents. But don’t worry, they will work with you.
@1.1 let us learn to appreciate. Chinese investment is well sought after the world over. It is just a matter of regulating what they are doing.
Time stands still with Mushota. 24 in 2007 and 27, 11 years later!
This is what IDC is supposed to be doing.
China are smart they will squeeze out Dangote and Lafarge as they have the backing of China Bank’s deep pockets but daft leaders like Lazy are unable to see beyond their noses.
@2 Lombe, YES or at least get some shares in this same establishment!!
So what happens to ZCCM-IH cement plant we have been told repeatedly is on the cards? And when was environmental impact assessment done?
China National Building Material Co., Ltd. or CNBM is a public traded company,state owned entity engaging in cement, lightweight building materials, glass fiber and fibre-reinforced plastic products and engineering service businesses.CNBM is currently the largest cement and gypsum board producer in China. It is also the largest glass fiber producer in Asia.
Chinese are very smart people now they will make sure that funds from those EXIM Bank loans will definitely all come back to them ….the lazy man is too shallow to see through this deal; he is simply interested in labourers being employed.
MAD COW DISEASE, it is foaming at the mouth.
This chicken little jj is hurting in his minute heart. His heart is cold and one of his little idiosyncrasies is to charge with rare and medical envy and jealous. Typical of double h default voters. Extremely sick condition clouded with immeasurable and conclusive loathe.
Making bricks? All the way from China to make pan bricks!
That’s just to dupe you …this company specializes in cement and gypsum…they will simply wipe out local competition and they have the blessing of that lazy one in the picture.
Yet a similar one in Kalulushi on the Copperbelt is not receiving the attention it deserves!
@4, apart from Kalulushi Bricks Co.. who else makes pan bricks in Zambia. If one needs facing or pan bricks, then they have to be imported all the way from South Africa. What is wrong with producing what we import and improve the beauty of our buildings??
@4 Not only bricks but also, JJ quote, “cement, lightweight building materials, glass fiber and fibre-reinforced plastic products and engineering service businesses. CNBM is currently the largest cement and gypsum board producer in China. It is also the largest glass fiber producer in Asia”. WHAT CAN YOU SAY ABOUT THE TECHNOLOGIES IN THIS PLANT?
Other than concrete blocks, which other company is making bricks in Zambia. It’s time someone set up a brick-making enterprise so people can begin using bricks again like back in the old days.
Another great project, to benefit china and not Zambia…. Local jobs will go to prisoners shipped in from china, as has been seen many times over in Africa… Well Done PF… May as well sell the graves of our ancestors to China whilst you are in power 🙁
No vision…China is positioning themselves they know that when those loans are due they will call the shots!!
Someone educate me; what is ‘manufactured sand’??
Manufactured sand is sand produced by crushing rocks, quarry stones or larger aggregates pieces into sand-sized particles. Natural sand, on the other hand is the naturally formed sand extracted from river beds.
If I am not mistaken, it is also called SILICA (as it’s scientific name)
All these companies investing in Zambia must be required to list on the Lusaka stock exchange with a fixed percentage of shares sold to Zambians! It is the only way Zambians will participate in profit sharing. With some shares owned by the Zambian public, Lafarge is the only company which is progressive and a good corporate citizen. In order to emphasis the importance of Zambian public share ownership, our progressive political system should give preferential treatment to Lafarge on all government building contracts.
But the govt does not see that such companies are a threat to locals who have invested in PLC…he will be reading a speech next week about promoting local industry growth watch this space!!
Good idea. But Lafarge are not the only foreign company listed. I have shares with two South African owned companies.
@ Ndanje
Congratulations!
@The Man
Sense!
@jj
Let market forces flow.
There more than enough Chine companies in Zambia and our economy is hanging by the thread. Do you expect this company to add value? A big no. More Zambian companies in this sector will close and more than 4000 people will be unemployed. Yet you are bragging of 2900 jobs of slavish conditions of services. There will also be externalization of profits. Simple economical sense.
That is what many don’t see….
Liar! LET THEM compete.
Liar! Which economy is by a thread?
Ok ,does this now mean that poorly built roadside shacks and ugly Chibolya slums will soon be history?
Foaming like ha Mad Cow!
I dont see the importance of the chinese to just come and make bricks in zambia if zambians themselves can do the same , we already have those poor zambians making concrete blocks .
The chinese don’t mean well for us investers should be able to deal in industries the local people are not able to do because they luck capacity , however not to come and compete with those blockmaking zambians.
Let them compete. Competition bleeds quality and lowers costs.
He will lose Hagain and he is foaming at the mouth! Let’s develop this thing. He will lose Hagain!
Let’s hope they won’t give us sub standard products.
Let the competition dictate.
It is only making bricks and cement naimwe……..brickmaking was supposed to be reserved for Zambians.
If the Chinese had brought solar panel making plant or a textile manufacturing plant I would applaud , not a brick making plant….atase…
Come and build solar panel making plant yourself. We will applaud your gesture also. Why do you want Zambians to be dumped into block making alone. In the world we live, change is constant. If Zambians can’t farm today, a foreigner comes and acquires a piece of land to farm and they do a good job, you complain.
“We can make bricks at Animo Farm mixing it with dung. That would be ingenuity,” BoSpakata.
Thorn in the flesh
So if the Chinese can do a better job selling in markets or being GRZ drivers , let them come ??
Spaka
But this is a dull comparison. With your calibre, we deserve better arguments
Backyard block making makes the city more filthy. Advise Zambians to set up formal block making plants so that they can position themselves well in this industry now turning competitive. In addition we need more and more cement manufacturing industries for satisfying the roads and housing infrastructure markets. This businessman masquerading as a politician should be encouraged to setup industries in Zambia so that spaka and jj could come back and operate machines or stock inventory.
Thorn in the flesh
Lungu promises 500 000 jobs and gives black mountain where youths die
ati
“…back yard block making is dirty…..”
Provide alternative jobs then
All of you here who are opposing this investment…tell us which sector of the economy do you want the Chinese to invest in. They start mining, cement production, farming etc you still oppose. Give us a suggestion so that we can advise the government in that area rather than just opposing for the the sake of it. Or you are just being jealous it’s Edgar running the show and not our bitter neighbour.
Let them invest in manufacturing that will lead to import substitutions…..car tire manufacturing for example……not making things already made in Zambia…
There are so many things the chinese can be guided to manufacture so as to cater for import subsitution…….not bricks.
Light bulbs…..textile industry……car windscreen and other body panels…
I told you before , the chinese are too clever for you. When they announced plans to open the ka shoe making plant, I told you the Chinese will only open manufacturing for things that have local competition…bata shoes in that case…..they will not open any manufacturing for things that come from China like textiles that will rob jobs in china. In this case they are eating into jobs already done by Zambians.
Well said ba Spaka! But do you see any benefits for zambia from this massive investment?
Nipnak
There is benefits but minimal benefits, better benefits can had by encouraging manufacture for import substitution…..
Sharon this good investment and your comment is a pain in the kolwez a…ssss sure. If you have nothing to say just shut the hell up
The Chinese are running everything,no business for us zambian….
Thanks spaka like…that’s the way to go.
I like the views of spaka like lilo and jj. We want the Chinese to invest in businesses that will substitute imports unlike what they are doing. We have plenty of cement,stones,sand. Why do they want to kill others established business in these categories? These Chinese have plenty of money, so let them invest in car spares, rubber, computers,glass,bitumen, refineries and not in products that already available. Moreover all chinese construction companies name them will stop buying materials from our locals and instead buy from their own. All those small Zambian block making tuntembas along Mumbwa, kabwe, Kafue roads will be wiped out.