The Kabwe Chamber of Commerce and Industry (KCCI) has appealed to government to consider setting up a Multi-Facility Economic Zone (MFEZ) in Kabwe district.
KCCI president Evans Mutangama said Kabwe has a lot of unexploited investment opportunities which can be tapped if an MFEZ is set up in the district.
Mr. Mutangama said because of its central location, Kabwe’s transportation costs of most goods and services are reasonable.
He was speaking in Kabwe recently during a business luncheon with the Minister of Commerce, Felix Mutati.
He explained that the town has many advantages, one of them being its geographical location along the main high way which links northern and southern parts of the country.
Mr. Mutangama said another advantage which Kabwe has is that it was along the main railway line which is operated by Railway Systems of Zambia (RSZ).
He further said Kabwe has great potential for leisure and recreational facilities which would be an added advantage for investment.
Mr. Mutangama has since appealed to government to source finances through direct borrowing for onward lending to the private sector.
He commended government for coming up with the Citizens Economic Empowerment Commission (CEEC) loans, which have provided KCCI’s business community with a source of cheaper funds.
ZANIS
after chiluba was called names in kabwe..after chewe wanted to stand on MMD ticket CHILUBA SAYED NO CHEWE STOOD ON INDEPENDED TICKET AND WON BY A VERY BIG MAGIN ..chiluba ftj was chased and stoned BY CHEWE SUPPOTERS..from there kabwe has been left out no news mines closed nothing happening ..the most toxic town in africa ..top 10 enviromentally toxic place …i feel bad until NOW…RB MUST DO SOMETHING..VERY SAD VERY VERY SAD MAY…