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PRESIDENT Hakainde Hichilema and the new dawn administration are more than ready to improve the economy of Kabwe by revamping the Zambia China Mulungushi Textiles Joint Venture, says Defence Minister, Ambrose Lufuma.

Mr. Lufuma said the UPND leadership is eager to see the sleeping giant awaken and create both direct and indirect jobs for the people in the district and surrounding areas.

He said once operational, possibly next year, the venture would raise the living standards of the people in the district by reducing poverty levels.

Mr. Lufuma said Mulungushi Textiles is a very big venture which has been dormant for a long time, denying jobs to the people in the district especially the youth.

“The new dawn government is taking serious steps to revamp the firm because it has potential to revive the economic activities in Kabwe,” he said.

He was speaking in Kabwe yesterday when he flagged off the distribution of cotton seed for the Zambia China Mulungushi out-grower scheme.

Central Province Minister, Credo Nanjuwa said the out-grower scheme that would create a ready market would also help boost cotton production in the region that has dwindled due to poor pricing and lack of a ready market.

Speaking earlier, Zambia China Mulungushi Textiles Joint Venture general manager, Brigadier General Michael Phiri said management plans to invest massively in the cotton out-grower scheme to sustain production.

Brig-Gen Phiri also said managememt intends to acquire land for cotton farms to augment the out-grower scheme.

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