PRESIDENT Edgar Lungu is today expected in Chibombo to launch the construction of the first ever Multi Facility Economic Zone in Central Province by China Jiangxi United Industrial Investment.
The Industrial Park located opposite Farm Store along the Great North Road is a US $300 million project which would accommodate various industries including motor vehicle and generator assembling plants.
The project becomes the major investment that has come as a result of the recently held Central Province Investment Forum and Expo which attracted more than 2,000 delegates.
Central Province Permanent Secretary Chanda Kabwe, his deputy Felix Mang’wato and other government officers inspected the site this afternoon ahead of the groundbreaking ceremony tomorrow morning.
Mr Kabwe said for the breaking said in an project is part of the fruits of the recently held regional Investment Forum and Expo.
Mr Kabwe noted that many companies have expressed interest to invest in the province in the aftermath of the Expo in September this year.
Apart from the Chibombo project, the Expo has seen a number of local and foreign investors expressing interest to invest in Luano, Chitambo and Ngabwe.
“All is set for the groundbreaking ceremony; we’ve started seeing the fruits of the Expo and I must say that this is just one of the many projects that might come to the province because of the Expo,” Mr Kabwe said.