Xiamen Beatifu Biotechnology Company of China is on the Copperbelt Province to explore investment in the forestry sector. Ximen Beatifu Biotechnology Company Limited President, Eric Chen said his company is interested in pine trees saying it will remove the bark of the trees to extract a liquid called risins without cutting the trees.

Mr Chen explained that the liquid extracted from pine trees is used to make medicines, paint and asphalt which is used in making roads.

He said the investment will benefit both countries once actualised saying the excess final product will be exported to China thereby, increasing Zambian’s foreign exchange.

Mr Chen said once the project is approved by government, the company will invest about ten thousand United States dollars and will start production with about a thousand trees giving an assurance that the trees will not be affected.

ZANIS reports that Mr Chen said this during a courtesy call on Copperbelt Province Permanent Secretary, Bright Nundwe.

And welcoming the investors, Mr Nundwe said the investment is welcome especially that the Copperbelt is looking at other sectors such as forestry for diversification of the economy if the province and country at large is to attain sustainable development.

He retaliated government’s commitment to diversify the economy in order to reduce dependence on mining adding that, the investment will create about a hundred jobs.

Meanwhile, Mr Nundwe has urged traditional leaders in the province to consider investing in pine tree plantations noting that, the market will be readily available.

The PS further stated that the fear of deforestation will be eliminated once the locals realise the value of growing the trees.

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14 COMMENTS

  1. “You can fool some people some times but you cant fool all the people all the time”. ? Bob Marley

    This is just PF coming in with the Chink paymasters for Zaffico from an another angle…this is what happens with corruption in a corrupt regime they just keep coming only cure is to kick them out.

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  2. Pieces of the jigsaw puzzle are now falling in place. ZAFFICO will be listed on the stock market. That’s all the president said.

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    • They were just waiting for the dust to settle…telling lies about not cutting trees and extracting the bark why dont they do such sustainable investment in Yellowstone USA

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    • Who owns ZAFFICO land, since it is alleged that ZAFFICO as a corporation has no certificate of land title.The land on which the 50,000 hectares of commercial plantations are sitting is not regarded as an asset of ZAFFICO.
      This explains the mystery behind the sell of ZAFFICO to Chinese with evidence of beacons found on ZAFFICO land written in Chinese language .It is not ZAFFICO that has been sold to the Chinese but it is the land that has been sold on which ZAFFICO plantations sits on.

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  3. “You can foooool some people some times but you cant foooool all the people all the time”. ? Bob Marley

    This is just PF coming in with the Chink paymasters for Zaffico from an another angle…this is what happens with corruption in a corrupt regime they just keep coming only cure is to kick them out.

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  4. Total ma labash!i indeed.Why can’t he plant his own trees and introduce an outgrowers scheme to do what he wants??How can the tree survive after removing the bark? Who can accept that lie unless corrupt dull chaps who have become both deaf and blind from corruption!!

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    • Chinks dont have 5 years or 10 years to wait for trees to grow they corrupt foools have already sold them which the trees sit on.
      That video on social media Amos was rubbishing was undoubtingly true as expected.

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  5. THE CHINESE HAVE ALREADY ILLEGALLY LOGGED MOST TEAK TREES IN THE ZAMBEZI AREA – SOON OUR COUNTRY WILL BE A DESERT ALL BECAUSE OF THE PF GOVERNMENT AND THE CHINESE

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