$100m car battery investment for Chibombo MFEZ
Published On October 16, 2023 » 896 Views» By Times Reporter » Business, Stories
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• DELEGATES admire an artist’s impression of the Jiangxi Multi Facility Economic Zone (MFEZ) displayed during the commissioning of the US$600 facility in Chibombo last Friday. Picture by KETRA KALUNGA

By KETRA KALUNGA in Chibombo –
A CHINESE company, Better Technology Group, intends to invest $100 million in the manufacturing of car batteries at the Jiangxi Multi Facility Economic Zone (MFEZ) in Chibombo District.
Group president Polly Wei says construction of the battery manufacturing plant would commence next year.
Ms Polly said in an interview that the construction of the battery manufacturing plant which will cover a total area of 300,000 square metres in the Jiangxi MFEZ and would take five years

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