Chinese firm invests 110 mln USD in ceramic tiles, baby diapers production in Zambia

Source: Xinhua| 2021-03-04 22:44:41|Editor: huaxia
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LUSAKA, March 4 (Xinhua) -- A Chinese firm has commenced the construction of two factories for the production of ceramic tiles and baby diapers in Zambia.

Sunda Group is constructing the two factories at the Lusaka South Multi-Facility Zone, with 100 million U.S. dollars to be invested in the ceramic tile factory while 10 million dollars will go towards the baby diaper production factory.

This came to light when the Zambia Consulate-General in Guangzhou held a meeting with a delegation from the company led by Vice-President Daniel Wang, according to a release from the consulate on Thursday.

The factory to produce ceramic tiles under the brand name Twyford is expected to commence production in April this year while the baby diaper factory will begin production in June this year under the name Software.

Wang said during the meeting that the investment was expected to create 500 jobs during the construction phase and 1,500 once production starts.

He said the company will utilize 95 percent locally sourced inputs in the production of ceramic tiles, a situation that will promote value addition and create an estimated 2,000 indirect jobs.

The company, he said, was committed to promoting Zambia's industrialization and value addition agenda as more investments will be undertaken in the southern African nation.

Consul-General at the Consulate General of Zambia in Guangzhou Daniel Chisenga thanked the Chinese firm for actualizing its investment in Zambia.

The investment, he said, gives impetus for Zambia's economic diplomacy, a strategy under which Zambia's embassies abroad have been tasked to attract foreign private investment. Enditem