Monday, May 20, 2024

President Hichilema Commemorates Chibombo Jiangxi Economic Cooperation Zone Commissioning

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President Hakainde Hichilema, along with key officials, officially commissioned the Chibombo Jiangxi Economic Cooperation Zone in Chibombo District, Central Province. The event was held in conjunction with the Zambia-China Jiangxi Investment and Trade Cooperation Promotion Conference, marking another crucial milestone in Zambia’s ongoing partnership with China.

This conference comes just one month after President Hichilema’s successful State Visit to the People’s Republic of China, where both nations entered into several Memoranda of Understanding (MOUs), strengthening the sisterly relationship between Zambia’s Central Province and China’s Jiangxi Province.

President Hichilema expressed his appreciation for Jiangxi United’s commendable efforts in attracting a diverse range of companies to the newly commissioned facility. Notable enterprises in the zone include medical equipment manufacturers, a steel processing plant, and an electrical insulator factory, among many others.

The President used the occasion to encourage local businesses to actively participate in the opportunities presented by the economic cooperation zone. The Zambian government has introduced various initiatives to facilitate citizens’ access to credit facilities, along with incentives like tax holidays designed to entice local investors.

“Your government is committed to promoting special economic zones and industrial parks, leveraging Zambia’s strategic location to expedite our industrial development and work towards our goal of becoming the regional manufacturing and processing powerhouse,” President Hichilema proclaimed. The Chibombo Jiangxi Economic Cooperation Zone signifies a crucial component in realizing this vision.

The President also underscored the significance of the Road and Belt Initiative, demonstrating the deep-rooted, all-weather relationship that has been cultivated over decades between Zambia and China. This enduring bond, highlighted by today’s event, celebrates the TAZARA spirit, which forms the bedrock of bilateral relations between the two countries.

25 COMMENTS

    • That’s why their argument is flawed,,,,,, or if indeed he is a western puppet then we need more of such puppets who can play on both sides for the benefit of their people!

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    • Like it or not China is the only foreign investor with concrete projects in Zambia. Sontapo: Tazara, Sontapo nakabili: KK Int Airport, sontapo: Levy stadium sontapo nakabili: Awe nanaka mwe!

  1. Mmembe is at a loss now …his beloved Russia is now a pariah state and no longer a world leader. China has taken over.
    His beloved Cuba voted overwhelmingly in a referendum to allow LGBTQ rights and doing away with the old socialist policies.

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  2. And 50 years from now we will still be poor because we let the Chinese..the Arabs and the West to come in and steal our wealth…..and we all know that Chinese only Cares about China…the Arabs only care about their own countries…just like the West…..and just take a close look of whats happening in Palestine….these Big countries have no mercy…..China has taken over Jamaica and they now own 70% of Jamaican land

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  3. Unfortunately you can’t convince praise singers Lumbani Madoda they’re so blinded they can’t see that our wealth is being stolen….my argument is please let Zambians invest in Zambia ..let Zambians build their own economy stop depending on either the West or the East…they’re all Bandits

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    • Who is stopping Zambians from investing or building their own economy? When the govt recently engaged EIB and others to increase access of Zambians to low cost capital, you the same people were busy criticising and belittling them. What do you think they were trying to do?

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    • …….” my argument is please let Zambians invest in Zambia ..let Zambians build their own economy…”
      which Zambians? The government announced the “New Credit Window”, how many of you have taken that challenge ? Zambians are more interested in quick money, not in long-term investment.
      Bro, what have you as an individual invested in Zambia? You don’t have to expose here but just reflect deep down in your heart.
      If you look at the rating for the Top countries in Africa where diasporans send money to their country including investments, Zambia doesn’t appear not even in the top 20.

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  4. And this is how it started in Sri Lanka and now the Chinese have taken over Sri Lanka and just look at how poor Sri Lankans are..the Money is going to China…..and America is behind all the Wars in the World…. so in short Russia is fighting America and Palestine is Fighting America….

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  5. It’s the Chinese again.
    Tikki used to call Edgar, China Lungu. I wonder what he going to call the latest Zambian Chinese.

  6. The whltes he praises and bends over for have not done a single thing to help him. Let this joker just go and dance to neyo concert. That is the only thing he knows to do

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  7. And ask yourself another question…WHY IS CHINA TRYING TO BE IN EVERY COUNTRY….go to South America its all Chinese….Central America its all Chinese….The Caribbean its all Chinese…come to Africa its all Chinese….The Chinese can’t go to Saudi Arabia and invest…they can’t go to Sweden and Invest…they can’t go to the USA and invest…the Chinese only target poor corrupt third world Countries so that they can steal their Natural resources Just like the West

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  8. @ Makunku
    And when i invest in Zambia you will accuse me of using rituals and you will organize a mob to come and kill me and destroy my properties…inferiority complex you’re the type of person who thinks only Bazungu have genuine money

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  9. In a recent study on challenges facing entrepreneurs in Zambia, one entrepreneur making and selling coffins was accused of bewitching people so that he can sell his coffins. How can a country develop with these kinds of backward beliefs? A number of people interested to invest in irrigation schemes such as solar powered water pumps and dip irrigation equipment fear that they will be accused of witch craft and have their equipment stolen or vandalised. We still have poverty of the minds in Zambia. It is more acceptable to most Zambians that all remain poor in order to avoid being accused of witchcraft when one performs well business wise.

  10. Enrich the corrupt leaders & impoverish the Nation & get it’s resources copper, ferrous metals, Zesco hydro power, Water supply as surety. These debts are not meant to be paid, when a country fails then they take more of your resources and you become even more impoverished.

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