President Hakainde Hichilema is tomorrow expected in Kabwe District in Central Province to re-open the US$140 million Zambia-China Mulungushi Textiles.
Central Province Minister Mwabashike Nkulukusa said at a media briefing in Kabwe that the Head of State is expected to touch down at Kalonga Secondary School grounds at 09:00 hours.
He said Mr Hichilema will pay a courtesy call on traditional and church leaders before proceeding to Mulungushi Textile upon arrival for the long-awaited operationalisation of the textile company.
“I would like to confirm that President Hichilema will be in Central Province tomorrow to re-open the Mulungushi Textile after a huge investment of US$140 million. The textile will grow the economy of the country,” Mr Nkulukusa said.
Mr Nkulukusa said the textile company is expected to create over 500 jobs and empower over 2,500 cotton farmers.
He said the revival of the textile company comes with the US$100 million investment into the cotton out-grower scheme to ensure constant supply of cotton for the effective operation of the firm.
He said the re-opening of the textile company is a clear demonstration of government’s commitment to job creation and economic development.
The revival of Mulungushi Textile, after two decades of stagnation and neglect, is a fulfilment of President Hichilema’s campaign promise to revamp the firm.
Meanwhile, Mr Nkulukusa disclosed that President Hichilema will use his visit to Kabwe to also meet party officials and interact with the residents of Kabwe.
He said the Head of State is also expected to receive some defectors from various political parties before returning to Lusaka upon conclusion of his one-day working visit to Kabwe.
$140Mil over how many years Paint job looks nice some say
Imwe ba lipota, why US$140M? I thought stuff is now traded in Zambian currency?
Why is all of a sudden everything being quoted in US dollars?
Is Kabwe in North Carolina or in Zimbabwe?
“the revival of the textile company comes with the US$100 million investment into the cotton out-grower scheme”
And the DRC has just banned trade in Dollars kkk
Ive been there and the only thing they have done is to put a printing machine in one room so that plain material which of course will be imported from china will merely be printed here as per the customers design. There is no manufacturing, no buying of cotton, no ginning, no spinning nothing. Another wasteful gimmick.
WHY CANT ALL SEE WE ARE BEING HOODWINKED
we appear to act as puppets clap clap
Ukulwisha apakusonta.