
Japanese Firm Keen to Set Up Leyland Assembly Plant
By Hector Simfukwe- President Edgar Lungu has urged Hinduja Group of companies, which has shown interest to set up a Leyland truck and bus Assembly plant in Zambia to quicken the process.
President Lungu said the coming of the Leyland plant in Zambia will allow citizens to have access to affordable motor vehicles as well as create jobs for Zambians.
The President is also happy that the company has solutions on how the country can reduce congestion on the roads.
President Lungu said this when he met a number of investors who have shown willingness to invest in various sectors of the economy among them Prakash Hinduja, the Chairman of Hinduja Group of companies.
And Mr. Hinduja said the firm is currently operating in several countries.
He said he will use Zambia to penetrate the African market.
Later President Lungu met the Head of Mitsui and Company Limited which wants to build a dry port in Chipata.
Company representative Shusaku Okamura said the firm will put up a World class dry port to service the Nacara corridor route.
President Lungu also held a meeting with International Monetary Fund Director for African Department Abebe Aemro Selassie in the Japanese city of Yokohama.
The two held a private discussion.
The meeting was held at the request of the IMF who wanted to pay a courtesy call on the Head of State.