Saturday, July 20, 2024

IDC to set up a fruit processing plant in Katete

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IDC Acting Group Chief Executive Officer Mr Henry Sakala speaking during the launch of the Eastern Province Investment Expo in Chipata.
IDC Acting Group Chief Executive Officer Mr Henry Sakala speaking during the launch of the Eastern Province Investment Expo in Chipata.

The Industrial Development Corporation says IG will this year in partnership with a local private partner, establish a fruit processing plant in Katete, Eastern Province estimated to cost about $2.5 million.

Acting Group Chief Executive Officer Mr Henry Sakala said the project is key for the province as it will provide a ready market for mangoes, oranges and other fruit that go to waste due to lack of a market.

He said the IDC was excited about the project because it would create both direct and indirect jobs for the people and enhance economic sustainability in the area.

He added, the IDC expects to replicate this model in other areas that have similar natural endowments.

“So far the IDC has invested in a multi-million dollar palm oil production in Muchinga Province, revamping of Kawambwa Tea in Luapula, cashew production in Western Province and we are also moving towards establishing a large scale pineapple and fruit processing plant in North Western Province’, he said.

Furthermore, Mr Sakala said the IDC has embarked on a 600 MW scaling solar project with its cooperating partners, with solar farms and power plants earmarked for Lusaka, Central, Copperbelt and Eastern Provinces.

Mr Sakala was speaking at the launch of the Eastern Province Investment Expo and Conference 2019 cocktail reception in Chipata over the weekend.

The Eastern Province Investment Expo is scheduled for 26th – 30th August 2019.

Some of the Ministers and Permanent Ministers who attended the launch of the Eastern Province Investment Expo in Chipata
Some of the Ministers and Permanent Ministers who attended the launch of the Eastern Province Investment Expo in Chipata

Meanwhile, Government says it is impressed with the progress made on the construction of the industrial park in Chipata by Conduril.

Citizens Economic Empowerment Commission (CEEC) Director of finance Christopher Sichinga says the K 25 million worth project is going according to schedule and will be handed over in August once completed.

During inspection of the construction works at the industrial yard by CEEC, Mr Sichinga said despite the works currently been at 30 percent, he is positive that the Conduril will complete the works to meet its set target.

He said he is impressed with Conduril for employing 80 local workers adding that the numbers will increase as works intensify in the coming months.

And Conduril Chipata site manager Paul Mwale expressed optimism that his company will complete the works in August.

He said the works on the site are going as expected.

Once the project is completed, many Zambians are expected to take up space to participate in economic empowerment as expected under government’s policy of empowering the local citizenry.

The CEEC is scheduled to construct eight industrial yards in various parts of the country.

Some of the Cabinet Ministers who attended the launch of the Eastern Province Investment Expo in Chipata.
Some of the Cabinet Ministers who attended the launch of the Eastern Province Investment Expo in Chipata.

9 COMMENTS

  1. Great work IDC, keep it up!! Epashili pakuleka.

    Oh, did you say Katete? Is that where the nsengas come from? Some trib.al will not be happy about this, but just ignore him, let him be with his senseless and directionless politics……

    • Good stuff …. It’s just that figures under the PF are hard to comprehend probably that is why they keep landing themselves in controversy … Industrial park at K25 million (USD 2 million) just a fruit processing company USD 2.5 million (K30 million) ….ZAMPALM bought at USD 16 million cash plus WC total at USD 20 million…. With no production yet. The ZAMPALM investment alone would have put up quite a number of investments in many provinces if PF numbers are to go buy. IDC needs focus on how they want to drive industrialisation in Zambia otherwise we shall end up with duds

  2. This is good news, a good development, BUT IDC SHOULD APPROACH THESE DEVELOPMENTS HOLISTICALLY!! A BAD or POOR QUALITY FRUIT PRODUCES POOR QUALITY JUICE,JAM or Whatever product. IDC should be looking at WORKING CLOSELY WITH RELEVANT GOVERNMENT DEPARTMENTS TO DEVELOP OUTGROWERS’ SCHEMES WITH EXTENSION SERVICES TO ENSURE GOOD QUALITY AND QUANTITY OF RAW MATERIALS, otherwise the plant may only be used during few months of the year!!

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