ATLEAST 7,000 jobs, of which 1,000 will be direct, will be created after the Dangote Industries cement plant commissioned by President Lungu yesterday becomes fully operational.
And President Lungu has directed Masaiti District Council to reserve more land to create an industrial cluster with the opening of the cement-manufacturing plant.
Speaking at the commissioning of the US$420 million cement-manufacturing plant and a 30 megawatts coal-fired plant, President Lungu said the Dangote Group is the largest ever investment into Zambia by a Nigerian company with an investment outline which translates to over K2 billion.
“This investment is expected to create at least 1,000 direct and 6,000 indirect jobs for Zambians when fully operational. Besides employment creation, the project is already greatly benefiting the local people of Masaiti and the surrounding districts through the transfer of skills, technology and business linkages,” he said.
“In this regard, I hereby direct the Masaiti District Council to reserve land around Dangote cement plant for us to create related industrial clusters whose purpose will be to solely depend on this timely project.”
President Lungu is confident that management at the cement plant will flow with the Government’s intention to ensure Zambians feel part and parcel of the investment.
He noted that for years, Zambians have been subjected to high monopolistic pricing structure for cement but was glad that since Dangote came on the market, the prices of the product had been dropping.
“This implies that the cost of construction is now becoming more reasonable and affordable by the majority of our people. This is what it should be,” the President said.
He said the principles of the Patriotic Front (PF) Government are to achieve pro-poor inclusive growth aimed at creating real wealth and jobs for the people.
Government, he said, also wants to rehabilitate and upgrade the country’s infrastructure and ultimately restore the pride and dignity of Zambians.
Lungu said he considers the private sector as an engine for economic growth and development.
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