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China trip bears $600 million fruit

PRESIDENT Edgar Lungu (second left) with Chinese Ambassador to Zambia Li jie (third left), China Jiangxi United Industrial Investment Limited chairman Xu Guojian and Central Province Minister Sydney Mushanga (second right) cutting a ribbon during the groundbreaking ceremony of the Jiangxi Multi-Facility Economic Zone in Chibombo district on Wednesday. PICTURE: MACKSON WASAMUNU

NANCY SIAME, Chibombo
THE recent visit to China by President Edgar Lungu has started yielding positive results with the commissioning of a US$600 million Jiangxi Multi-Facility Economic Zone in Chibombo, a project which will create 5,000 jobs for Zambians.
Speaking during the ground-breaking ceremony for the project yesterday, the President said the venture is part of the various investment pledges made during the Forum on China-Africa Cooperation (FOCAC) summit held in Beijing in September.
“Our country has started benefiting from the US$60 billion China pledged for Africa during the Forum on China- Africa Cooperation summit,” he said.
The President said the commissioning of the Chibombo project shows that China attaches great importance to its bilateral cooperation with Zambia.http://epaper.daily-mail.co.zm/


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