Business

Mushindamo seeks business investors

NKWETO MFULA, Chingola
MUSHINDAMO town council has called on investors to consider establishing various economic ventures to foster development in the newly-created district in North-Western province.

Council secretary Musonda Mumpa said Mushindamo district whose main stay is agriculture requires investments in all economic sectors to enhance economic development in the area.
“Processing of agriculture products within Mushindamo will provide a readily available export market into Democratic Republic of Congo (DRC),” he said.
Mr Mumpa cited the hospitality industry as one of the sectors that required new investments to reduce on shortage of accommodation for the travelling public.
Mushindamo was declared a district by President Lungu in 2015 as a way of increasing economic growth and improving people’s livelihood.
“We as a council are appealing to investors to invest in Mushindamo for enhanced economic development of the new district,” he said.
Mr Mumpa said land is readily available for would-be investors in Mushindamo.
He said President Lungu is eager to see development taking place in Mushindamo district.
The district has since been linked to the national power grid to improve supply of electricity in the border town.
Government has also released a total of K2.5 million for the rehabilitation of the road network in the area.
Mushindamo is a border district with the DRC and most goods are exported into that country through transhipment mode that takes place at Kipushi border post.

 




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