ESTHER MSETEKA, Lusaka
ZAMBIA Development Agency (ZDA) and Fairy Bottling Zambia Limited have signed an Investment Promotion and Protection Agreement (IPPA) worth US$50 million.
The investment entails that Fairy Bottling Zambia Limited will invest the money in the expansion project for the manufacturing of plastic containers and production of non-alcoholic beverages.
“The project entails expansion of lines that manufacture and produce plastic containers, juices, bottled water, soft and energy drinks,” ZDA chairperson Mary Ncube said at the event yesterday.
Ms Ncube said the manufacturing capacity of the company is in line with the http://epaper.daily-mail.co.zm/