In a significant milestone for Zambia’s industrial and agricultural development, Sino Great Chemical Limited has launched the groundbreaking of a state-of-the-art phosphate plant in Lusaka West.
The plant, which marks a major investment in Zambia’s economy, is expected to play a crucial role in boosting the country’s agricultural productivity and industrial growth.
In his keynote speech,
President Hakainde Hichilema, emphasized the importance of the project, stating that it would not only create jobs and stimulate economic growth but also position Zambia as a regional leader in the production of phosphate-based products.
The phosphate plant, which is expected to produce 300,000 metric tons of phosphate-based products annually, will cater to both industrial and agricultural sectors, providing high-quality fertilizers to improve crop yields and sustain food security.
Sino Great Chemical Limited’s investment in Zambia is a testament to the country’s favorable business environment and its commitment to attracting foreign investment.
The groundbreaking ceremony was also attended by representatives from Wonderful Group Zambia, who expressed their support for the project and their commitment to contributing to Zambia’s economic development.
As the project breaks ground, Sino Great Chemical Limited is expected to create hundreds of jobs, both during the construction phase and once the plant is operational.
The phosphate plant is expected to be completed within the next two years, and once operational, it will be a significant contributor to Zambia’s economic growth and development.
The groundbreaking ceremony, attended by high-ranking government officials, dignitaries, and stakeholders, signals the beginning of a new era in Zambia’s economic growth and development.
