President Edgar Lungu has called on investors to take advantage of Zambia’s geographic position together with the peace and stability prevailing in the country to set up their businesses.
President Lungu says it is unfortunate that some people are bent on misleading investors and the international community that the country is unstable.
The Head of State however says the opening of a drug manufacturing factory called NRB is a clear indication that the country is both politically and economically stable.
He was speaking at the commissioning of the 200 million US dollars drug manufacturing facility in Lusaka.
President Lungu has assured investors that their investment is safe because of the sound and conducive political and business environment.
The President also noted that the commissioning of the NRB is a sign that that the manufacturing sector is growing.
President Lungu says the manufacturing company will bring about sustainable access to quality and affordable medicines and the intervention of local production to enhance the health systems not only in Zambia but also in Africa.
And Health minister Chitalu Chilufya says President Edgar Lungu has set precedence in the health sector in the shortest time of his reign.
Dr Chilufya says the President has shown great commitment to develop the health sector.
And Commerce minister Margeret Mwanakatwe says the opening of NRB is a clear testimony that government is diversifying the economy of Zambia.
Ms Mwanakatwe says her ministry will ensure that NRB flourishes in production and also Exportation of drugs.
She said her ministry will continue to create a conducive environment that will spur economic development and job creation.
The two were speaking when President Lungu commissioned the 200 Million US dollars drug manufacturing facility in Lusaka.
And NRB group chairman Narayan Bandekar says the establishment of NRB is because of the conducive business environment that has been created in Zambia.
Mr. Bandekar says the pharmaceutical will work at scaling up operations so that it can produce medicines.
And mission pharma Zambia limited General Manager Jacob Cohn says the company will continue to enhance its partnership with the Ministry of Health.
Mr. Cohn however says the NRB pharma opening in the country is as a result of the potential that Zambia Has due to stability and its geographical location.
He said that there is also need for the pharmaceutical to comply to the standards set by Zamra and the international standards.
But Lungu & PF won’t invest in proper quality hospitals we now have GBM and friends going to India for treatment or Michael Sata going to die in the United Kingdom hospitals.
What drugs are they making? Cafenol?
This is also coming up as an Indian Pharma Company registered in India
Arguably the Greatest preseidehr zanbia has ever produced.
He doesn’t talk he just works hard.
Thanks
BB2014,16
Lungu is a man of action
Great! What kind of drugs are they manufacturing? When will production begin? Who is doing the marketing? How many people are employed by this factory? So many questions and so few answers
That’s Zambian journalism for you as all journalists have been appointed to foreign service…the young ones that have remained are all eager to bootlick as well instead of educating the reader. I had to search on google about this company.
They can’t even show a fully blown picture of the factory, I suppose it must be a house like structure.
Look at those State House Police officers….that body Armour is meant to be worn underneath a shirt, why can’t these incompetent ZP just have plain clothed officers. No one would waste a bullet on an empty useless lazy tin like Edgar!!
Who said body armour should be worn under the shirt? Where did you do your military training? Kachema iwe!!!
Hazadwala Hagain daliriya! And all the negative Namwala derivatives!
Breaking news lungu has collapsed at state house and is foaming at the mouth. He has kunyu.
Why not say GBM HAS COLAPSED!the more you wish him dead the more years you add instead mwakulakuntuka niwe that’s Evil!
You can’t spell NEZ. Just use a Tonga word and not ruin Nyanja words by wrong spellings.
“President Lazy says it is unfortunate that some people are bent on misleading investors and the international community that the country is unstable.”
Surely what’s wrong with this Bum, in this day and age you honestly think investors are foools to be mislead by someone…you are commissioning a drugs factory and you are taking about stability and peacefulness of Zambia, who are you cheating? How many Zambian owned companies have opened in this Lusaka South Multi facility Economic Zone?
Jay Jay…you are just another clueless, illiterate and bitter mor0n. Who told you we don’t need investors from outside the country? So you didn’t know every country is looking to attract foreign investors? How naive and f00lish can you be?
For your own information, foreign investors are investing in Zambia because they have confidence in the economic policies of the current government. Also, the trust Lungu as an able leader.
Jealousy will kill you ooooh.
“Ms Mwanakatwe says her ministry will ensure that NRB flourishes in production and also Exportation of drugs.”
How can a minister be making such utterances …no wonder tax collection is not fair for all.
What is the link between exportation and failure to pay taxes? You want to justify Fred Mmembe’s failure to pay taxes?
The unfortunate thing is that the majority of Zambia do not comprehend these things to ask appropriate questions, Lungu is most interested in having his name on all of the buildings as though it is an achievement. Africa twalisebana terribly and painfully so
He wants to appear like he is working. Did you ever see the late LPM travel this much or commission these many things? He was one of Zambia’s best preaident and principled man. Why isn’t the minister of health commissioning this? Lungu has been doing ministerial work these past few days and weeks to try potrait a positive picture. The truth is Lungu no matter what you do. The truth will haunt you and your evil actions of sending thugs and criminals to an innocent will bring you problems.
The truth is Edgar is a lazy man who is out of his depth….if he wants to reassure investors he can simply host a Press conference and take questions from local and international media, since PF can in power I can only count one press conference at State house.
Alcohol is also a drug so why hasn’t Lungu opened a brewery since he loves consuming kachasu so much?
A modern brewery to produce mega litres of CastleLite beer was opened up just recently in the LSMF Zone.
ENKA you must have forgotten…just a few months ago he commissioned Zambia Brewers Kachasu plant
that was his first ….how can he be left out!
A ka one room facility ati a manufactring plant.
Plezz lungu in your desperation can you be commissioning a one room plant ?
Keep up with the good work Mr President; don’t let the detractors distract you. God bless you and God bless Zambia! Psalm 33:12
This is why you duped what has a politician got to do with your religion!!
Jay Jay,
We know that your HH has no religion because satanism is not a religion.
“The President also noted that the commissioning of the NRB is a sign that that the manufacturing sector is growing”
How many signs do we need before things start happening?