$72bn mega investment!
Published On June 19, 2024 » 1139 Views» By Times Reporter » HOME SLIDE SHOW, SHOWCASE
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. Halwampa

By CHUSA SICHONE –
A VIETNAMESE investor has pledged to inject US$72 billion in a high technology based mixed agriculture project in Luapula, Northern and Muchinga provinces over a 20 year period.
The projects envisages to create up to 300, 000 direct and indirect jobs, of which 98 percent were for Zambians, once fully operational.
Operating as Viet-Zam Diversified Development Company Limited and registered in Zambia in 2022, the pilot project implementation duration was eight years and was expected to create about 150, 000 direct and indirect jobs.

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