Business

EIZ supports need to grow local industries

PRESIDENT-ELECT Edgar Lungu speaks during mass at Divine Mercy Catholic Church at State Lodge in Lusaka yesterday. PICTURE: SALIM HENRY/STATE HOUSE

ESTHER MSETEKA, Lusaka
THE Engineering Institution of Zambia (EIZ) has called on various stakeholders to support President Lungu’s call on the need to grow local industries for creation of more jobs to ensure broader citizen economic empowerment.
President Lungu, during his address to Parliament recently, said Government will in the next five years target the creation of one million jobs across sectors through the Industrial Development Corporation.
EIZ president George Sitali said the emphasis placed on the creation of local industries by President Lungu such as the transformation of Kafue town into an iron and steel facility economic zone will help build liquidity in the economy.
In a statement availed to the Daily Mail recently, Mr Sitali said revamping of industries in every province will boost economic activities as more local goods will be produced and exported.
“The institution is happy that the President has considered this move, which will help revamp the economic status of Kafue by empowering the locals and encouraging home-grown industries and other towns to develop. This pronouncement is in line with our EIZ national transformation strategy for Zambia which encourages the development of industries in Zambia.
“We believe that prioritising industrialisation will help uplift infrastructure development in the country and help create more employment for the Zambian people. This move will not only encourage local development but also help create employment for the many unemployed youths in the country,” he said.

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