Daily Nation Newspaper

UTILISE MFEZs TO THE MAXIMUM - UNION

- By NATION REPORTER

THE National Union of Building, Engineerin­g and General Workers (NUBEGW) has urged the private sector to fully utilise the existing facilities in the Multi-Facility Economic Zones(MFEZ).

NUBEGW General Secretary Bryson Nyirenda said the corporate world in the country should take advantage of the MFEZ on the Copperbelt and in Lusaka for manufactur­ing and processing processes.

Mr Nyirenda said most of the companies operating in the MFEZ on the Copperbelt were Chinese firms, hence the need for Zambian companies and internatio­nal firms to establish their presence.

This, he said, would create variety and competitio­n in manufactur­ing, constructi­on and the processing industries in the special facilities.

He said the idea of establishi­ng MFEZ was to encourage growth and value addition in the private sector which would process raw materials into finished goods.

Mr Nyirenda said the current MFEZ on the Copperbelt and the Midlands were supposed to be utilised to the maximum.

Zambia, he said, should become a manufactur­ing hub with the availabili­ty of MFEZ which had special features and incentives to attract the private sector into manufactur­ing.

"Once the country prioritise­s the manufactur­ing sector, the country's economic sector will thrive from all angles for the benefit of all the Zambians,” Mr Nyirenda said.

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