CHAMBO NG’UNI, Kabwe
Daily Mail
KABWE is poised to have a second textile firm which is envisaged to create over 2,000 jobs for the local people once completed.
The establishment of the textile firm is a brainchild of the Industrial Development Corporation (IDC) and is earmarked for construction in the Kabwe Multi-facility Economy Zone (MFEZ).
The new textile will be the second to be established in Kabwe after Mulungushi Textiles, which has ceased operations to pave way for upgrading and rehabilitation works.
Kabwe town clerk Ronald Daka said the new textile company will create over 2,000 jobs and Marubeni, a Japanese textile company, will be a partner in the construction of the firm.
“The Government of the republic of Zambia through IDC has proposed to develop a textile industry and has requested for 26 hectares of land in the MFEZ and we have given 24 hectares,” Mr Daka said.
Mr Daka said in an interview yesterday that the textile firm will seek to surpass the operations of Kafue Textiles and Zambia China Mulungushi Textiles.
He said Kabwe Municipal Council is happy about the construction of the textile because it will contribute to the growth of the local economy.
“For us this is a game-changer for Kabwe. Mulungushi (Textiles) is tied to a Chinese company but for this new textile, Marubeni are basically supporting this initiative,” Mr Daka said.
He said investors in different areas are making inquiries about investment opportunities in Kabwe.
He said this is an indication that they have confidence that their investments will be secure in the area.
“People who want to invest should enjoy the benefits of investing in this Kabwe Multi- facility Economy Zone,” Mr Daka said.
Daily Mail
KABWE is poised to have a second textile firm which is envisaged to create over 2,000 jobs for the local people once completed.
The establishment of the textile firm is a brainchild of the Industrial Development Corporation (IDC) and is earmarked for construction in the Kabwe Multi-facility Economy Zone (MFEZ).
The new textile will be the second to be established in Kabwe after Mulungushi Textiles, which has ceased operations to pave way for upgrading and rehabilitation works.
Kabwe town clerk Ronald Daka said the new textile company will create over 2,000 jobs and Marubeni, a Japanese textile company, will be a partner in the construction of the firm.
“The Government of the republic of Zambia through IDC has proposed to develop a textile industry and has requested for 26 hectares of land in the MFEZ and we have given 24 hectares,” Mr Daka said.
Mr Daka said in an interview yesterday that the textile firm will seek to surpass the operations of Kafue Textiles and Zambia China Mulungushi Textiles.
He said Kabwe Municipal Council is happy about the construction of the textile because it will contribute to the growth of the local economy.
“For us this is a game-changer for Kabwe. Mulungushi (Textiles) is tied to a Chinese company but for this new textile, Marubeni are basically supporting this initiative,” Mr Daka said.
He said investors in different areas are making inquiries about investment opportunities in Kabwe.
He said this is an indication that they have confidence that their investments will be secure in the area.
“People who want to invest should enjoy the benefits of investing in this Kabwe Multi- facility Economy Zone,” Mr Daka said.
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