LUSAKA, April 2 (Xinhua) -- Zambia's investment agency has handed over 13 permits to Chinese enterprises to begin operations in one of the country's multi-facility economic zones, a government statement said Thursday.
The Chinese enterprises are expected to invest a total of 195 million U.S. dollars in various sectors and create about 7,800 jobs through their operations in the Golden Baobab Multi-facility Economic Zone in Kafue District, about 40 km south of Lusaka, the country's capital.
Albert Halwampa, director general of the Zambia Development Agency (ZDA), said the development demonstrates the government's continued efforts to position the country as a preferred investment destination.
He assured the investors that the agency will fully support them at every stage of the investment, adding that it has, over the past four years, approved six multifacility economic zones.
ZDA Board Chairperson Biemba Maliti said the milestone reflects growing investor confidence in Zambia's policy consistency and ongoing economic reforms.
He called on all the investors to honor their commitments by increasing industrial output, strengthening linkages with local businesses, and upholding environmental sustainability.
The Golden Baobab Multi-facility Economic Zone is an integrated industrial zone spanning manufacturing, energy, transport, construction and agro-processing.
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