THE Zambia Development Agency (ZDA) says Zambia exported US$1.842 billion worth of manufactured products to the Common Market for Eastern and Southern Africa (COMESA) and Southern African Development Community(SADC) regions.
Most of the manufactured products exported from Zambia’s manufacturing sector are food and beverages which have a bigger share of 63 percent of the exports.
“There is vast investment potential for food processing in the country, covering both large and small-scale industries, and most of it includes foods and beverages,” it says in a statement made available to the Mail in Lusaka recently.
“However, the processing of grocery products such as cold meats, biscuits, tinned foods, jam and cheese are largely underexploited and crops such as paprika have been gaining prominence as crops with export potential and have a low capital input requirement to process,” it says.
It says huge investment potential also exists in the manufacturing of electrical appliances such as refrigerators, air conditioners, computers, television sets and fans looking at the high demand for imports of electronic goods in Zambia of about US$40 million per annum.
It says Zambia’s domestic demand for manufactured products exceeds US$2 billion per annum.
And according to ZDA agriculture sector officer Paul Siame, exports of agriculture products from Zambia to the COMESA region are between US$ 125-140 million while the export to the SADC region are between US$140 to 170 million per annum.
Mr Siame said given the vast resources in terms of land, labour and water, Zambia has the potential to expand agricultural production.
Some of the potential priority areas for investments in the agricultural sector are in sugar, wheat, maize, cotton, tobacco, cashew nuts, and cassava, Mr Siame said.
[Zambia Daily Mail]
heheheee, am holding my lower chilefulefu:-?
Very childish report. I cannot see anywhere in this report telling me when this happened or the period covered for the same. Is this amount for one day? One week? Annual, or two years? Please, ba MMD, get real and get factual.
MMD Policies at work.chwe chwe chwe chwe.
#2 Kalos2121, the report says “”according to ZDA agriculture sector officer Paul Siame”. The guy may just vote PF in the next elections! That would be interesting….
Well done are government with policies which are working.
No.2 am sure you are one of those dull Zambians we do not need on this blog. Thats why foreigners come to Zambia and make money because the country is full of dull Zambians waiting for handouts from government.
Ba intelligent, give us the data. It is one thing calling people dull, but another thing being retrospective and you really are. Who is discussing handouts? Where did you see anyone asking handouts? Sometimes it is noble to keep quiet than espousing nonsense without any link to anything. In fact the only person who has shown his ignorance and dullness is yourself. What do you mean foreigners are making money? Who is discussing foreigners making money? Probably you did not read the story above. That in itself also shows how dull you are. Which High School are you at? You should be logical in your statements. The report is missing information, and you because of your narrow knowledge of how to make a report you cannot see that. Cadre mentality. You must be a dort.
do we have manufacturing in this country? i see manufacture of tujijili, Tangi drinks and crisps. Can this lead to 1.8b. No wonder the time period is specified.
I can bet you all this manufacturing is done by foreigners who own companies in Zambia… the dull Zambians just watch and wait for handouts from government. Those who have money import expensive cars and fly around shopping with their girlfriends…
#s 5 and 7 The Engineer (Austtralia) I couldn’t agree with you more. Luckily I am one of the few Zambians contributing to this growth! Most Zambians are indeed dull and when they see someone make money like I have done, they say he is a satanist!!! Just because they cannot explain to their wives and children why someone is doing so well while they are poor but have the same conditions available to them!
@# 5 The Engineer your point is the same reason you won’t find most Zambians blogging on this as it is a “dull” issue.If this was about politics the # of blogs would be much higher.Its funny and tragic that we complain of poverty so loudly but lack the ambition,drive or passion for discussing or understanding how companies or the economy runs.