ZAM welcomes PDV steel plant
By Rosemary Kamanga
Zambia Association of Manufacturers President ASHU SAGAR says the Steel manufacturing plant in the Lusaka South Multi-facility Economic Zone will contribute positively to the economy.
Mr SAGAR says the three hundred tonnes capacity is essential for steel processing, making it one of the largest in the region.
He told ZNBC News that the joint venture will encourage other investors to collaborate with local participants.
Mr. SAGAR also praised the investors for the swift completion of construction, which took ten months.
President Hakainde Hichilema yesterday commissioned Powerful Diligent Veracious (PDV) metal steel plant in Lusaka’s South Multifacility Economic Zone (MFEZ) as part of our industrialisation agenda.