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Economic zones to create over 8,000 jobs

ABOUT 48 businesses have been set up at the Lusaka and Chambishi multi-facility economic zones with a total investment of US$1.6 billion creating 8,630s for the local people.
Zambia-China Economic and Trade Cooperation Zone (ZCCZ) corporate affairs manager Stephen Lindunda said in an interview that 55 enterprises had expressed interest in establishing businesses at Chambishi and Lusaka East multi-facility economic zones but that only 48 were operational.
Mr Lindunda said this year, 10 more investors are expected to set up enterprises in the two economic zones to create more jobs for the local people.
“Those that have registered to set up enterprises in our economic zones are 55, but only 48 are operating at the moment. This year, we expect 10 more investors to invest in our zones,” he said.
Mr Lindunda was responding to a press query on the status of the economic zones in Chambishi and Lusaka.
He said out of the 10 investors that were expected to invest in the zones this year, three were already on site doing the construction works.
Mr Lindunda, however, said the Lusaka East Multi-Facility Economic Zone is low power because currently only 100 kilowatts of electricity is being supplied to the area.

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