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Rubber production to start soon

DEVELOPMENT of the US$100 million rubber plantation in Nchelenge is expected to start before the end of the year.
Luapula Province permanent secretary Chanda Kasolo said the project would create about 100 jobs and an additional 4,000 once the project is fully operational.
He said the project, which will be owned jointly by the Zambian and Malaysian governments, was expected to be expanded to about 5,000 hectares from the current 144 hectares.
Mr Kasolo said recently that officials from the two governments were this month expected to hold meetings to pave way for the development of the project.
“We will be meeting to move the project forward [this] September with Malaysian officials. As a provincial leadership, we are very excited about this rubber project with Malaysia,” he said.
The meeting will, among other issues, address the shareholding and how much each country will inject out of the US$100 million investment.
Recently, Mr Kasolo said the development could position the province as a potential hub for rubber production in the country and the region.
He said rubber production in Zambia was a viable venture.

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