Business

Lusaka South Multi Facility Economic Zone lobbys support from investors

By BUUMBA CHIMBULU 

INVESTORS in the Lusaka South Multi Facility Economic Zone (LS-MFEZ) and stakeholders have been requested to support the zone in the developments of residential which are beginning this year.

The zone currently has 63 approved investments on its books and 17 companies operational.

In the fourth quarter Quarter of 2021 LS-MFEZ Limited commenced sale of residential plots and it is expected to see developments of residentials this year, says Zone Managing Director, Kennedy Mwila.

“In view of this and as part of the mandate of the Zone, we wish to lobby our current investors, and all Stakeholders to come on board and make contributions towards this development.

“I especially wish to appeal to well-meaning partners to assist in concerting our efforts to actualise this development,” Mr Mwila said.

He also announced that the zone had received a donation of K100,000 from the Trade Kings Group towards the cause.

Mr Mwila explained that this donation is a corporate social responsibility initiative which was towards the planned budget for the construction of a clinic and a police station within the  Zone. 

“The Zone   is working towards the development of a quintessential town, in need of occupational health and safety facilities,” he said.

He stated that the Zone currently had a daytime working population of between 4500 to 6,000 people  in the Zone. 

Some corporations, Mr Mwila said, were working 24 hours daily and, therefore, there was need for safety as well as health services in   case of any eventualities. 

“At full capacity the Zone is expected to have a daytime population of 100,000 people and a nighttime population of 30,000 people.

“With emphasis on the fact that a concerted effort will yield better results in the community and for the greater population of Lusaka,” Mr Mwila said.

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