Speaking when he commissioned the $33million Zambia Breweries Malting Plant in Lusaka South Multi Facility Economic Zone yesterday, President Lungu said contrary to assertions by political detractors, there was no policy inconsistency in his government.
“As government, it is gratifying to note that many companies are responding to some policies of industrialization, job creation, and poverty reduction. We are alive to the fact that continuous policy improvements are necessary for us to strengthen the national sector in the light of greater competitiveness and integration into the world economy,” President Lungu said.
“To further enhance our position on the global market, government has continued implementing reforms aimed at improving the business environment and reducing the cost of doing business.
I must emphasis that we are not afraid of reviewing our policies from time to time contrary to what political detractors are saying ‘it is inconsistency’ it is not. The world is constantly changing; we have to move, constantly reviewing our approach to business.”
And President Lungu declared four Multi Facility Economic Zones and two national parks countrywide.
President Lungu named the four MFEZ as Lusaka South, Lusaka East and Lumwana in North-western province, while the parks are Roma Park in Lusaka and Sub Saharan park in Ndola.
The Head of State also said negotiations were underway to upgrade other areas such as Maamba in Southern Province, Kalumbila in North-western Province, Chembe in Luapula Province, Ndola and Kafue as Multi Facility Economic Zones.
“Government has also put in place a number of policy measure aimed at diversifying the economy in particular up-calling the manufacturing sector with emphasis on value addition through the concept of Multi Facility Economic Zone and national parks,” said President Lungu.