CHEAPER BUILDING MATERIALS COMING
By BUSINESS REPORTER MPANDE Limestone has invested over US $ 200 million in the building materials production plant under the firVt ShaVe in &hongZe managing director Zhang Yuanci has said.
Mr Zhang said the project which would be completed in a few months would produce one million tonnes of cement annually and reduce the cost of the commodity on the market.
He said the plant would also be producing million pan bricks, , tonnes of pre-mix concrete and , tonnes of Tuarry and stones annually once phase one of the project is complete. Mr Zhang was speaking during the Mpande product exhibition on Friday night in Lusaka.
We plan to accumulatively invest more than US 5 million in the industrial park which once completed will be Zambia s largest and most integrated industrial park outside China.
This project step taken is by the first Sinoma cement to implement its internationalisation strategy,” he said. He said the project was regarded as the star project of the building industrial parks in the international development strategy.
Mr Zhang said despite the many challenges faced during the construction period, the industrial park would supply the Zambian construction sector with various grades of cement, pan bricks and pre-mix concrete.
He named other products as Tuarry and stones, manufactured sand and agriculture lime which would soon be on the Zambian market. The new industrial park will promote other industries like logistics packaging and other supporting sectors of the economy and will create direct and indirect employment for locals. We will strictly control the Tuality of our products, he said. He noted that Mpande will provide first class products and services for the purpose of guaranteeing the construction of Zambian infrastructure roads and bridges.
Meanwhile, National Council for Construction executive director Matthew Ngulube expressed pleasure that the industrial park would stimulate a reduction in the prices of cement.
He noted that with reduced cement Zambians would build their houses at reduced costs.