Saturday, June 15, 2024

Java Foods to pump US$6.5 million into Lusaka South MFEZ

Share

The Lusaka South MFEZ has announced that it has concluded a USD 6.5 million investment deal by Java Foods Limited.

Java Foods Limited is a local Zambian Registered company and is a leading manufacturer, distributor, and marketer of branded nutritious food products, made from locally sourced raw materials for the southern African market.

It was founded by Lawyer Monica Musonda.

Java produces instant pastas, cereal and seasonings including household names like Ezzie Noodles.

The Company intends to set up a modern factory at a total project cost of USD 6.5 Million and is set to create more than 200 jobs.

The factory will occupy a 4.76-hectares of land and is positioned to service local, regional and international markets.

Java Foods steam member shows US Treasury Secretary Janet Yellen around the Java plant.

LSMFEZ Corporate Affairs Manager Alice Schultz said the Zone is delighted to host this investment and is happy to report the progress made in furthering Zambia’s agenda for economic diversification, wealth and job creation.

Ms Schultz said LS MFEZ has created over 31,000 jobs from inception with a record of about 3,373 jobs in quarter 1 of 2023.

She said the Zone has a total of 98 companies approved and is currently hosting 22 operational companies with the remainder either at construction phase or obtaining sector approvals.

“Construction activities have peaked in the last 24 months and traffic within the facility is at an all-time high. As the Zone works towards this agenda, we encourage both local and foreign investors interested in the development of commercial facilities, research, and development as well as residential developments to register their interest with urgency while land is still available.”

“We are happy to report that in 2022 the zone completely exhausted its quota assigned to industrial development and is currently working to ensure that all allocated investors begin construction. Focus areas for 2023 include the development of shopping malls, vertical cities, studio apartments, recreational facilities which will include water sports, and an artificial beach as well as a golf course.”

9 COMMENTS

  1. Americans funding this and using this Zambian to dump gmo in our bodies. I only eat food that comes from my garden

    7
    5
  2. “The Company intends to set up a modern factory at a total project cost of USD 6.5 Million and is set to create more than 200 jobs.”

    What are the wages paid?

    “Java produces instant pastas, cereal and seasonings including household names like Ezzie Noodles.”

    Grow your own food organically. It is cheaper, healthier, there are no chemical preservatives in it your body needs to get rid of. No GMOs.

    8
    2
  3. Keep it up madam musonda. Thats good news. We need more hard working pipo in the country than the pipo who just steal govt money like the pf leaders.

    5
    2
    • The problem with thinking with your tribe is that you even close your eyes to reality. Upnd is in govt and the theft is happening under upnd govt yet here you are saying pf fyo fyo. This is why I beat up ldlots like you. Fuseke!

      2
      2
    • Bwana Kaizar Zulu, if you are not thieves how come they are getting propeties from you the reason given is that you have no source of income to match those assets you have. look at your sister in law mrs lungu what has happened. you are shameless PF thieves. you shall burn in hell. within 50 yrs from now you shall be in hell. primitive thieves u ar-PF

  4. Keep it up…we need more local business growing and expanding though Java Foods needs to move away from these cheap noodles to more nutrious and healthier options like Squish noodles, Blean Bean noodles, Wholegrain noodles.

Comments are closed.

Read more

Local News

Discover more from Lusaka Times-Zambia's Leading Online News Site - LusakaTimes.com

Subscribe now to keep reading and get access to the full archive.

Continue reading