By Nation Reporter
ZAMBIA Sugar has commissioned its US$90 million product alignment refinery plant, with President Edgar Lungu saying Government will prioritise industrialisation as a vehicle for economic growth by encouraging investment in value addition to primary materials.
And the President has said he was happy at the level of investment in the manufacturing sector because it directly responded to Government’s policy of ensuring that Zambia became a manufacturing hub for the region.
Mr Lungu said Government remained committed to creating a conducive and enabling environment for the private sector investment to flourish.
Speaking when he commissioned the Zambia Sugar product alignment and refinery plant in Mazabuka yesterday, the President said:
“You agree with me that developing a nation requires concerted efforts by every citizen. One of my Government’s mandates is to create more sustainable jobs and wealth for our people. Therefore, I commend you for undertaking this important project because it will contribute to the economic development of the nation.”
He said he was happy with the consistency shown by Zambia Sugar through continuous improvement to the performance of the company
as well as continued expansion to the company’s infrastructure.
President Lungu said he believed that Zambia could be a manufacturing hub not only for sugar but a wide range of products.
He said Government through the Ministry of Commerce, Trade and Industry was finalizing Zambia’s national industrial policy and the country’s investment promotion strategy which would attract more investment once implemented.