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MULUNGUSHI Textiles staff at the reopened at textiles firm in Kabwe recently. PICTURE: CHAMBO NGUNI

Mulungushi textile project advancing

THE Zambia China Mulungushi Textiles Joint Venture Limited (ZCMT-JV) will soon become reality with over US$150 million earmarked to revamp the facility with advanced production equipment.
The capital investment for the new project will come from China, through Qingdao Ruichang Tech-Industry Company Limited and its African subsidiary China-Africa Cotton Development Limited (CAC).